Gains being pencilled in by one prominent technical analyst we follow suggest the GBP/EUR exchange rate could be on course to break the 1.13 level over coming days.
September 12,2018
Brexit remains key for Sterling and ongoing progress to achieve a withdrawal agreement should help Sterling over coming days. The Bank of England is meanwhile largely unlikely to materially influence Sterling.
September 10,2018
GBP/EUR has risen after news of progress towards a Brexit deal and recent price action appears to have made a technical reversal and is biased to go higher. The policy meetings of both the UK and Eurozone central banks are the main events in the week ahead
September 9,2018
The British Pound is being tipped to extend recent gains by a prominent foreign exchange market commentator who says there is concrete evidence the EU and UK are slowly but surely converging on a Brexit deal.
September 7,2018
The British Pound remains caught in an intractable downward-sloping channel against the Euro and an intractable Brexit muddle. But, expect a recovery in 2019 because a Brexit deal will be done, even if it looks like a Canadian-style free trade agreement.
September 5,2018
Italian politics are increasingly a source of focus for financial markets as the new government looks to set out their new tax and spend plans. What might this mean for the Euro's outlook?
September 4,2018
Strategists at UK high-street lender Barclays have confirmed to corporate and investment banking clients they believe Pound Sterling has absorbed a good portion of Brexit-related uncertainty.
September 4,2018
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