The Pound has broken above a historic high, with technical studies suggesting the move opens a path to ‘green pastures’ beyond in which further gains will be much easier.
Read more … →
Pound Sterling has found a new ‘glass ceiling’ above which it is unlikely to rise without a new catalyst say a number of foreign exchange analysts we have heard from on a day that has seen the curr…
Read more … →
Pound Sterling appears to have finally broken through a key level of resistance against the Euro after the Pound-to-Euro exchange rate closed above 1.16 on Tuesday, February 27.
Read more … →
Pound Sterling has pushed higher towards the top of a medium-term range against the Euro on news flow that suggests the likelihood of a 'no deal' Brexit is becoming increasingly remote.
Read more … →
The Pound was the G10 universe's best performing currency last week but it could face fresh losses during the days ahead if MPs are not succesful in convincing the market they have neutralised the …
Read more … →
Pound Sterling is consolidating against the Euro with the Pound-to-Euro exchange rate quoted at 1.1520 at the start of the new week, if we look at the below chart we can see the pair has been more-…
Read more … →
Technical studies are broadly in favour of further advances in Pound Sterling over coming days, however a potentially significant week of parliamentary votes could well trigger sizeable and unforse…
Read more … →