Technical studies of the GBP/EUR exchange rate have improved notably over recent days leading us to be bullish short-term on a technical basis, however we are aware that intense political anxiety w…
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The British Pound saw strong buying interest against the Euro after it dipped below the key 1.10 level on global currency markets confirming it is unlikely to fall below this point in the near-futu…
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“I am bullish USD for the current bear market period which is likely to last about 3 years or so” - Enda Glynn.
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The overall outlook for GBP/EUR is for it to continue sideways with a very marginal bullish bias. It is now trading at the bottom of a range between roughly 1.10 (August lows) and 1.16 and there is…
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Markets are accused of being too pessimistic on Sterling by analysts at SEB who say they believe the British Pound presents itself as a strategic buy against the Euro.
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* GBP/EUR to respect established range during Xmas suggest Danske * This suggests upside from current floor in the near-term * More sizeable recovery possible in first quarter 2019.
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The Euro exchange rate complex was seen outperforming mid-week as markets unwound a stack of bets against the single-currency in the wake of news of progress on the standoff between Brussels and Ro…
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