U.S. investment bank J.P. Morgan have upgraded their forecast targets for the Pound-to-Euro exchange rate for the second consecutive month eyeing a reduction in Brexit risks.
Read more … →GBP/EUR vulnerable to weakness as a shooting star candlestick formation forms on the charts but a strong floor of support in 1.1300-30 range should hold. The European summit on 17-18 forms the main…
Read more … →Foreign exchange strategists at global investment bank TD Securities have suggested the Pound-to-Euro exchange rate could well break out of a key medium-term range should a Brexit deal be announced…
Read more … →The British Pound has enjoyed a winning streak that has seen it rise in 10 of the past 12 trading days: momentum is positive and we are told by a number of technical strategists that further gains …
Read more … →GBP/EUR surges back into long-term rising channel and technical studies suggest it is poised to extend gains after reports a Brexit deal is close at hand. The E.C.B and an E.U. summit that will foc…
Read more … →The Euro-to-Pound exchange rate broke below a key support level this week due to a mixture of Pound strength and Euro weakness.
Read more … →For Sterling, focus turns to the likely outcomes of next week's key E.U. Council meeting where signs of a deal could trigger meaningful recovery in Sterling. But signs of failure could however risk…
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