The possibility of a stronger uptrend evolving increases as fears of political risks weigh on the Euro.
November 21,2016
Pound Sterling was one of the worst performing currencies on Friday November 18 as market liquidity thinned ahead of the weekend while the US Dollar continued to extend its overvaluation.
November 20,2016
Foreign exchange analysts at Barclays have confirmed they are forecasting a sustained recovery in the GBP/EUR exchange rate in 2017.
November 19,2016
Analysts say the big positive for Sterling at present is that the Euro is being weighed down by the Dollar.
November 18,2016
GBP/EUR is in a short-term uptrend which in the absence of bearish indicators is likely to extend, with 1.1800 and 1.2000 as possible upside targets.
November 17,2016
The currency markets were tipped on their head following the crowning of Donald Trump as the new president of the USA, with a consequence that the Pound is set to rise in most pairs and the Euro to fall because of increasing political risk.
November 16,2016
Strategists at Danske Markets believe Sterling should settle against the Euro but excessive strength should be sold into.
November 16,2016
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