Pound-Euro News Directory

The overall outlook for GBP/EUR is for it to continue sideways with a very marginal bullish bias. It is now trading at the bottom of a range between roughly 1.10 (August lows) and 1.16 and there is a chance, therefore, that it could bounce back up towards the range highs.

December 31,2018

Markets are accused of being too pessimistic on Sterling by analysts at SEB who say they believe the British Pound presents itself as a strategic buy against the Euro.

December 27,2018

* GBP/EUR to respect established range during Xmas suggest Danske * This suggests upside from current floor in the near-term * More sizeable recovery possible in first quarter 2019.

December 24,2018

The Euro exchange rate complex was seen outperforming mid-week as markets unwound a stack of bets against the single-currency in the wake of news of progress on the standoff between Brussels and Rome over the Italian budget.

December 20,2018

The British Pound is consolidating further against the Euro as markets simply won't move the currency until they believe they have a clear view on where Brexit is headed, but a technical analyst tells us a move back to 1.10, and even 1.09 is being heralded by the charts.

December 19,2018

The Pound-to-Euro exchange rate is on the move higher once more: currently quoted at 1.1126 it is a mere 25 pips away from the week's highs in the early 1.1150s and we believe a near-term floor has formed.

December 17,2018