From a technical perspective we are now at the key 1.1300 level where substantial resistance is located, and it could present the exchange rate with a 'glass ceiling’ that Sterling will struggle to…
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The Pound rallied sharply against the Euro on the release of a Political Declaration on future trade negotiations between the E.U. and U.K., but we are warned GBP/EUR will likely remain vulnerable …
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The Pound-to-Euro rate could fall sharply during the weeks ahead as investors realise that Prime Minister Theresa May's Brexit plan is doomed and a new general election is unavoidable, according to…
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GBP/EUR has now once again broken out of it's long term rising channel - the same channel it only recently clawed back into the week before last; this is a bearish sign for the pair.
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Sterling could suffer significant downside if Theresa May loses an imminent vote of confidence we are told by a foreign exchange strategist.
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The Pound-to-Euro rate plummeted Thursday after the Prime Minister's Brexit Secretary resigned from office, leading markets to fret that the risk of a "no deal Brexit" is rising rapidly.
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Investment bank Morgan Stanley are forecasting a stronger Pound-to-Euro exchange rate over coming weeks saying they expect political uncertainty to start fading.
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