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An uncompromising technical assessment of the Pound suggests the period of stability seen against the Euro over recent weeks is transitory and some significantly lower levels could be tested.
June 21,2017
With Brexit negotiations underway, the Pound is set to become increasingly prone to political headline risks.
June 21,2017
New research from Danske Bank Markets show that projections for the main Euro exchange rate pairs have been updated. The outlook against Pound Sterling is now more constructive.
June 20,2017
The Pound has steadied against the Euro despite the lack of certainty in British politics, perhaps more due to traders taking profit from their short-bets than due to any genuine buying interest.
June 19,2017
Don’t wait to buy your Euros, as the currency is likely to get more expensive the longer you delay.
June 18,2017
The GBP to EUR conversion has managed to form a base following the declines that came in the wake of the UK’s general election.
June 17,2017
The EUR/GBP looks oversold and is probably forming a short-term bottom
June 15,2017
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