Pound Sterling is struggling to stay above a key technical level against the Euro and risks slipping into a downtrend just as a key European Central Bank interest rate decision comes into view.
September 14,2023
The Euro recovered ground and ended the day higher against both the Dollar and British Pound following a report that suggested the European Central Bank (ECB) would release a higher-than-expected inflation report on Thursday.
September 13,2023
GBPEUR risks slipping towards the bottom of its recent range over the coming days if UK wage data comes in below expectations and the European Central Bank (ECB) hits the right notes on Thursday.
September 11,2023
GBPEUR was once again unable to maintain levels above 1.17 on a sustained basis following comments from the Bank of England that interest rates were close to a peak.
September 7,2023
The strong rebound by Pound Sterling against the Euro over recent hours confirms a view that the UK currency might remain in touching distance with its 2023 highs over the near future.
September 6,2023
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
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