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
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
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
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
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
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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