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The British pound is left looking unusually overbought on the daily charts which has us believing some ‘down time’ is needed to settle the market.
May 30,2016
Pound sterling has fallen at the start of the new week, extending the declines witnessed at the end of Friday. Is that the end of the recovery?
May 25,2016
The GBP has cracked through an important barrier against the EUR on the back of news the Remain camp is pulling ahead in the EU referendum campaign.
May 19,2016
A pro-risk environment ahead of the release of UK inflation data has allowed the British pound to push higher.
May 17,2016
UniCredit Bank have announced an upgrade to their euro exchange rate forecasts, a significant call as we note the accuracy of this bank’s recent forecasts on the currency pair.
May 13,2016
The pound has been consolidating for days now but there are reasons to be optimistic that an upside break could ultimately transpire.
May 12,2016
Lloyds Bank Commercial have confirmed they have upgraded their forecasts for the GBP to EUR exchange rate.
May 11,2016
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