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GBP/EUR remains supported by progress in Brexit talks and the exchange rate is now threatening to breakout of falling channel and reverse trend. The main release for Sterling are PMIs; for the Euro Retail Sales top the economic calendar
September 4,2018
The breaking of a key technical obstacle would likely allow the Pound to extend its rally against the Euro show our latest studies.
September 2,2018
The Pound is up a percent against the Euro over the course of the past week: Can we expect further advances? No say analysts who believe we are seeing a short-term phenomenon.
August 31,2018
The mid-week surge in the value of Sterling relative to the Euro offers a rare piece of respite for UK businesses and individuals with international payment commitments as the retail rate nudes above the psychologically important 1.10 level.
October 18,2018
GBP/EUR exchange rate up over 1.0% after Barnier talks of special treatment and our studies suggest there might be the possibility of a continuation up to the 1.1220s as move extends in the short-term.
August 31,2018
Pound Sterling is seen to be teetering on another key make-or-break level at €1.10 where an analyst tells us an element of support might be found that could lead to a temporary relief rally.
October 18,2018
Pound Sterling has hit fresh 11-month lows against the Euro on Tuesday, August 28 with markets focussing on Prime Minister Theresa May's candid comments on a 'no deal' Brexit while on her Africa tour, saying such an outcome will not be "the end of the world."
August 29,2018
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