Foreign exchange strategists with Scandanavian lender Nordea are looking to bet against the British Pound as they expect the Conservative party conference to leave Sterling weaker.
Read more … →
GBP/EUR has rallied back up to lower channel line but faces resistance near-term, a break of resistance however opens the door to 1.1450. The Conservative party conference poses the main risk for S…
Read more … →
The British Pound is looking to record its fifth consecutive day of gains against the Euro amidst a lull in negative Brexit headlines and increased scrutiny on Eurozone political risks but we are w…
Read more … →
The British Pound is in fight-back mode, aided by some positive headlines that confirm market suspicions that a Brexit deal by year-end is in fact still a likely outcome.
Read more … →
Foreign exchange strategists with Deutsche Bank have confirmed they are turning 'bearish' on the British Pound into year-end citing the increasingly acrimonious tone to Brexit negotiations.
Read more … →
Pound Sterling under pressure as prospect of 'no deal' Brexit rises, leaving the short-term trend in the GBP/EUR exchange rate as being decidedly bearish. More downside now likely with targets loca…
Read more … →
A decline from two-month highs coincides with the E.U.'s apparent rejection of U.K. Prime Minister Theresa May's Brexit plans following the conclusion of the Salzburg summit.
Read more … →