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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The British Pound is consolidating further against the Euro as markets simply won't move the currency until they believe they have a clear view on where Brexit is headed, but a technical analyst te…
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The Pound-to-Euro exchange rate is on the move higher once more: currently quoted at 1.1126 it is a mere 25 pips away from the week's highs in the early 1.1150s and we believe a near-term floor has…
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The Pound-to-Euro rate rebounded from close to year-lows late last week and now, s we start the new week, the charts are appear to be promising a continuation of that rebound higher.
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