Retail sales surged in November. Focus: "Sufficient Progress", Bank of England and traders’ reactions to the “amendment 7” defeat of the government in parliament.

December 14,2017

Economic data dominates the agenda for Sterling over Wednesday and Thursday while the European Council decision is the main event for Friday. 

December 13,2017

pound to euro exchange rate 1

Despite being trapped in a range between 1.1050 and 1.1510, the pair is forecast to eventually breakout higher as the uptrend resumes.

December 12,2017

The "breakthrough" related rally to higher levels has not materialised for the Pound and Sterling bears are now beginning to re-emerge.

December 12,2017

November's inflation and wage data are now in focus, but the European Council and "sufficient progress" are still key too.

December 16,2017

Volatility will remain a fact of life for foreign currency buyers in 2018 but the more positive direction of Brexit talks could support a continued recovery of the Pound.

December 11,2017

pound to euro 1

Pound-to-Euro is forecast to rise in the week ahead as it emerges from a long sideways trend and the EU Council meets to decide if "sufficient progress" has been made in Brexit talks.

December 11,2017

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