GBPEUR) is forecast to remain supported above 1.16 over the coming days after a late-August pullback failed around 1.1620 and the subsequent rebound opens the door to another test of the 2023 highs.

September 4,2023

The British pound is going for less than one euro at the UK's largest airport as currency shops there charge continue to charge significant spreads.

September 1,2023

The rule of thumb is that upside inflation surprises are supportive of a currency as they elicit additional central bank interest rate hikes.

August 31,2023

August has confirmed and bolstered the view that the Pound to Euro exchange rate has now entered a sideways pattern, but rising volumes and downside data surprises could break the range over the coming weeks.

August 31,2023

An analyst we follow says he favours buying the Pound against the Euro at these levels on a tactical basis, but the Euro could benefit in the short term if inflation numbers beat expectations.

August 30,2023

The Pound to Euro exchange rate entered the new week under pressure near the top of its three-month range and could be seen falling back toward its 55-day moving-average in the days ahead if business surveys offer any further sign of Europe’s economy catching up with or otherwise overtaking the UK economy. 

August 22,2023

The Pound to Euro exchange rate has held above two-month lows and technical support offered by its 50-day moving average in recent trade, which could be set to underpin the pair again this week but with technical resistance also potentially found around 1.1639 in what is an economic data-heavy week. 

August 14,2023

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