The British Pound is witnessing a strong short-term run higher against the Euro at the start of the new month and has reversed over half of the decline suffered over the past three weeks in less than 48 hours, but we are wary that selling pressures will emerge closer to a notable ceiling in the market.
November 1,2018
The Pound-to-Euro rate trend may have turned bearish after a several days of steep losses and further weakness could be just around the corner.
October 29,2018
The Pound will be kept under pressure by ever-present Brexit threat to Prime Minister Theresa May's leadership and the 'mission impossible' posed by the Irish border question, according to analysts at Westpac.
October 26,2018
The European Central Bank kept interest rates and guidance unchanged in their October policy meeting but acknowledged a slowdown in Eurozone economic growth.
October 25,2018
Pound Sterling tipped to go higher in 2019 by strategists at UniCredit who say fair-value in GBP/EUR could lie as high as 1.33, but beware the prospect of extreme volatility over coming weeks.
October 24,2018
The British Pound's yo-yo price action based on shifts in Brexit sentiment see it move to fresh two-week lows against the Euro and we are told coming weeks could see a sizeable move into fresh territory.
October 24,2018
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