The Pound to Euro exchange rate rally extends another day, with a high of 1.19 printed on Thursday.
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Any negative market reaction to Nvidia's earnings results, due later today, will challenge Pound Sterling's ongoing rally against the Dollar and Euro.
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The Pound to Euro exchange rate (GBP/EUR) is technically and fundamentally poised for further gains in the near term, and a move to 1.1850 is on the cards for this week.
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Pound Sterling rose after a survey of the UK economy beat expectations and eclipsed that of the Eurozone.
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According to the consensus of investment bank analysts, Pound Sterling is left slightly undervalued following a recent slide.
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The Pound to Euro exchange rate has recovered further from early August lows and could now be likely to spend the week ahead eroding technical resistance from the nearby 100-day moving average at 1…
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The Pound to Euro exchange rate’s recovery from last week’s lows around 1.15 may have been derailed and it could now be at risk of slipping further, according to strategists at ING, who say the Ban…
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