May arrives at EU leaders conference

Analysts at Lloyds Bank say the Pound-to-Euro exchange rate is locked into a range between 1.1461 and 1.1312 with Sterling left rudderless following a meeting of E.U. leaders midweek.

October 19,2018

JP Morgan headquarters

U.S. investment bank J.P. Morgan have upgraded their forecast targets for the Pound-to-Euro exchange rate for the second consecutive month eyeing a reduction in Brexit risks.

October 17,2018

Euro exchange rate

GBP/EUR vulnerable to weakness as a shooting star candlestick formation forms on the charts but a strong floor of support in 1.1300-30 range should hold. The European summit on 17-18 forms the main event for Sterling.

October 16,2018

Michel Barnier impact the Pound

Foreign exchange strategists at global investment bank TD Securities have suggested the Pound-to-Euro exchange rate could well break out of a key medium-term range should a Brexit deal be announced over coming days ensuring the hard 'no deal' Brexit scenario is overcome.

October 13,2018

British Pound outlook

The British Pound has enjoyed a winning streak that has seen it rise in 10 of the past 12 trading days: momentum is positive and we are told by a number of technical strategists that further gains are likely in the coming days.

October 10,2018

Juncker says a Brexit deal should be done by November

GBP/EUR surges back into long-term rising channel and technical studies suggest it is poised to extend gains after reports a Brexit deal is close at hand. The E.C.B and an E.U. summit that will focus heavily on Brexit will dominate the calendar.

October 8,2018

The Euro-to-Pound exchange rate broke below a key support level this week due to a mixture of Pound strength and Euro weakness.

October 8,2018

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