There is the chance that big moves lie on the horizon for GBP/EUR as often static markets build up latent pressures that culminate in a big breakout. What should readers be watching going forward?
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“While the biggest adjustment in Sterling is likely behind us, we think it is too early to turn bullish on the GBP”
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ECB President Mario Draghi prompts weaker Euro on Thursday, April 6 with warning that they will continue to support the Eurozone economy until inflation is growing at a sustainable rate.
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Pound to plummet below post-referendum lows on no deal in Brexit negotiations. But a good deal could prompt some hefty gains.
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The Pound rose versus the Euro on Wednesday after better-than-expected economic data from the UK, whilst bullish signs on the weekly charts add a positive backdrop to the pair.
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It is still to early to expect a recovery in the value of the British Pound warn analysts at a leading European investment bank who have updated their foreign exchange forecast on the EUR/GBP excha…
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Has the recent run of good fortune experienced by the British Pound been nothing more than a technical short-squeeze higher?
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