Pound-Euro News Directory

The Pound to Euro rate has veered into a consolidation on the charts and could be most likely to trade within a relatively narrow range in the week ahead, one spanning the gap between roughly 1.1609 and 1.1679, though with some risk of a break higher. 

July 17,2023

The British Pound was the second worst-performing major currency on the day U.S. inflation was reported to have fallen by a larger-than-expected amount.

July 13,2023

Goldman Sachs raises its Pound to Euro exchange rate forecast saying the UK currency's recent strength "has staying power".

July 12,2023

The Pound to Euro exchange rate entered the new week near mid-June highs just above 1.17 but might most likely consolidate between there and somewhere around the 1.16 level in the days ahead unless Sterling is able to find reasons for excitement in the UK's latest employment and GDP figures. 

July 10,2023

GBPEUR exchange rate looks to test the 1.17 level over the coming hours and should remain supported over the coming month - data allowing - with further tests of the 2023 high probable if the May-July trend of appreciation remains intact.

July 6,2023

The Pound to Dollar exchange rate relinquished some of its June gains around the turn of the month but with technical support emerging around 1.26 in recent trade, it could be likely to consolidate between there and a nearby pocket of resistance around 1.2850 this week.

July 3,2023