Pound Sterling’s run higher against the Euro is expected to be limited according to recent analysis on the Euro ever since it rebounded from lows towards 1.14 in mid-March.
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The Euro is forecast to extend losses against the Pound for at least one month say strategists at Standard Chartered.
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GBP/EUR continues its push higher and is now within spitting distance of the key 1.1800 juncture.
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The Pound appears to benefit from risk-off conditions. With the Eurozone not exactly being considered a safe-haven ahead of the French elections it would appear that the UK is turning out to be a s…
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The Euro was seen advancing on the Pound and Dollar following the release of some better-than-expected sentiment data out of the Eurozone.
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The EUR/GBP exchange rate has been consolidating within a range since November 2016, however, the next move is likely to probe lower according to analysts at J.P Morgan.
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GBP/EUR has been moving within a relatively tight range over the last six months since the rebound from the October 2016 lows.
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