Foreign exchange strategy Sterling vs. Euro

Pound-to-Euro exchange rate back above 1.20 longer-term but any near-term bounce from Bank of England rate rise to be short-lived.

August 1,2018

Pound vs. Euro exchange rate week ahead

GBP/EUR sitting at bottom of long-term range with risk of breakdown, a break of 1.1164 lows would confirm more downside. Bank of England meeting main event for Pound; inflation data main release for the Euro

July 30,2018

EUR GBP weekly chart

The EUR/GBP pair is looks vulnerable to a technical dip, according to analysis from Autochartist, an independent technical analysis provider.

July 29,2018

The Pound whipsawed against the Euro Thursday following the latest European Central Bank monetary policy statement, as traders responded to perceived hints and cues about likely changes to Eurozone monetary policy during the year ahead. 

July 26,2018

May and Tusk

The Pound-to-Euro exchange rate is bid as markets welcomed May's decision to take direct control of Brexit talks but resistance to recovery lies at 1.1261-1.1312.

July 26,2018

May takes control of Brexit talks

GBP is better bid on report May will take over Brexit talks, ensuring the prospect of a 'no deal' Brexit is minimised.

July 25,2018

Pound exchange rates

GBP/EUR has fallen to 1.1200 and broken to the downside of a multi-month range and technical studies suggest more weakness is possible in the week ahead subject to confirmation. Brexit politics continues to dominate Sterling, whilst for the Euro the ECB policy meeting and latest PMI's are major event.

July 23,2018

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