The move we are witnessing is part of a deeper run down to the well signposted level of support at 1.11.
Read more … →GBP/EUR is still trading at levels consistent with markets believing a deal will be made, but a break towards parity forecast to occur if no deal actually materialises.
Read more … →Pound Sterling remains vulnerable to further weakness and GBP/EUR could sell-off down to the 1.10s if Brexit risks materialise. The main calendar release for Sterling is Q2 GDP - for the Euro the Eโฆ
Read more … →For Sterling, the "balance of risks are for further political turbulence between now and October" say ING but "hawkish" BoE will spur swift recovery once into 2019 say ING.
Read more … →GBP/EUR is poised precariously on the lower line of a long-term channel - Thursday's Bank of England meeting raises the risk of volatility with a break below 1.11 lows inviting a sell-off down to tโฆ
Read more … →Any strength in GBP/EUR exchange rate seen as "corrective" with any rebounds looking restricted beyond 1.1450 or 1.1600.
Read more … →Pound-to-Euro exchange rate back above 1.20 longer-term but any near-term bounce from Bank of England rate rise to be short-lived.
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