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Analysts at Bank of America Merrill Lynch Global Research have written to clients saying that the days of Pound Sterling weakness are limited and that they should be looking to a long-term upturn in coming months.
February 10,2017
The bullish signal on the monthly chart shows a higher-than-expected possibility of February ending higher than it opened – i.e being an up-month.
February 2,2017
The Euro exchange rate complex has moved notably higher on Tuesday January 31 on the back of the latest data from the region.
February 1,2017
It's been a decent enough start to the new for Pound Sterling as it rises to 1.1761 against the Euro having traded below 1.17 earlier in the day.
January 31,2017
GBP/EUR has pulled back and looks quite evenly balanced from a technical perspective.
January 30,2017
The exchange rate may run into problems after achieving our target as there are two tough resistance levels standing in the way.
January 26,2017
The Euro could soon rise against the Pound argue analysts at a leading Scandanavian research house who believe a fresh bout of uncertainty will hurt Sterling.
January 25,2017
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