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One of the main obstacles to the pound’s ability to deliver its best exchange rates against the euro of 2015 was resistance at 1.42.
November 19,2015
"We expect the choppy USD price action to continue until this week’s US inflation data (Tue) and FOMC minutes (Wed) provide some clear direction.” – ING
November 16,2015
However, the GBP to EUR conversion needs to break 1.42 resistance before we see an advance on the best exchange rate levels of 2015.
November 17,2015
The euro is managing to hold its ground against the pound and dollar thanks to some solid zones of support. But subdued growth and an ECB itching to act further ensure the outlook remains clouded.
November 16,2015
Over the last few days, the EUR/GBP fell strongly, breaking through key technical levels as it was impacted by a strong sterling.
November 14,2015
Those watching the markets for a higher sterling to euro conversion have ECB President Mario Draghi to thank this Thursday.
November 18,2015
The sudden reversal lower in the GBP/EUR uptrend on Thursday the 5th of November will have scared many who were holding out for a stronger exchange rate.
November 11,2015
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