A leading currency strategist says that risk/reward favours being short the British Pound into tomorrow's CPI inflation data release.
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GBPEUR chart reveals pressures building, retest of 1.15 now back on cards.
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GBPEUR looks intent on rising towards the top of its summer range near 1.17 based on recent market developments that include fresh signs the European Central Bank (ECB) has completed its interest r…
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Strategists at Westpac look for the Euro to fall further against the British Pound.
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The impact of higher mortgage rates and an incoming series of Bank of England interest rate cuts leaves analysts at ING Bank predicting a gradual slide is on the card for the Pound against the Euro…
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GBPEUR is supported as long as above €1.1490, €1.16 a tentative target.
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Pound Sterling is set to remain vulnerable against the Euro over the coming days and a test of the solid support zone at 1.15 could well come into play in a week devoid of data and events on the ca…
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