The GBP to EUR exchange rate has motored higher by over a percent on Tuesday the 7th - why has it done so and what does the move tell us about the outlook?
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There is a good chance sterling will continue falling over coming days but, the further it falls, the greater the recovery that is forecast on the assumption Remain will win the vote.
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The GBP to EUR exchange rate has slumped lower and is threatening to invalidate its uptrend following the release of United States employment data.
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We comb through the most up-to-date research on the British pound / euro exchange rate to figure out just where the selling interest may end.
Read more … →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.
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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?
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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.
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