Pound Sterling is seen holding a mildly bearish tone in the coming week, however we don't see the prospect of any major directional move in the currency owing to the chronic uncertainty over Brexit…
Read more … →Global drivers appear to be in charge of the British Pound exchange rate complex with a surge in the Euro overnight forcing the Pound-to-Euro exchange rate back down from multi-day highs.
Read more … →Pound Sterling is forecast to maintain current levels against the Euro and U.S. Dollar over coming months but the risks of a more sizeable depreciation are growing warns the world's largest dealer …
Read more … →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…
Read more … →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 …
Read more … →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…
Read more … →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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