The British pound has found support against the euro for the time being, but in our opinion the subsequent recovery has been shaky.
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The euro exchange rate complex witnessed blinding gains on Monday the 25th of August. Where do we go from here?
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The euro exchange rate complex is on a tear higher – forcing the GBP/EUR pair below 1.40 and the EUR/USD above 1.12.
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The pound has seen momentum turn positive once more, we look at the numbers that matter in the mid-week session.
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The GBP/EUR exchange rate has advanced following news that UK inflation has risen. When combined with rising wages we get confirmation that the outlook for the pound / euro exchange rate is positiv…
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The euro has enjoyed a strong run against the pound sterling - but it should now be time to give up those gains argues a prominent forecaster.
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The pound / euro exchange rate is desperately defending a key support zone, which if broken, will lead to yet further losses.
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