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The pound to euro pair is steadily pushing higher towards our targets at 1.1900 and 1.2000, and although it is looking a little overbought, the uptrend remains intact and likely to extend following a pause.
November 23,2016
The Euro exchange rate complex is charging higher on Monday morning, lead by a strong recovery bounce in the now heavily oversold EUR/USD.
November 22,2016
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
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