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

Euro exchange rates

Following a strong run by the Euro against the British Pound over recent days, technical strategists are cautioning that the market might be getting a bit overheated.

July 20,2018

Raab and Barnier

EU General Affairs Council is key risk for the British Pound ahead of the weekend having suffered its weakest close against the Euro of 2018 on the previous day.

July 20,2018

Theresa May struggles on

Government faces defeat on customs union vote in parliament later today ensuring the outlook for Pound Sterling is "looking negative" according to one analyst. Whichever way one looks at it the Prime Minister Theresa May remains in a tricky situation.

October 18,2018

Exchange rate trading

Large option expiry at 0.8800 EUR/GBP could impact moves in the exchange rate on Monday.

July 16,2018

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