GBPEUR faces an action-packed week of data releases and central bank decisions, which will determine whether or not it can have a crack at the 2023 highs or is relegated back to the well-trod range…
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GBPEUR is trading well above rate spreads, drawing questions on rally's sustainability.
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The Euro is under pressure in midweek trade after data from Germany disappointed and suggested the downturn in Europe's largest economy was not over.
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According to an investment bank analyst we follow, Pound Sterling can extend a recent advance against the Euro.
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Pound Sterling enters the new week with the benefit of two solid consecutive weekly advances against the Euro, which confers a degree of momentum in a calendar-light week.
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The British Pound can extend its recent recovery against the Euro, according to a senior strategist at one of Europe's largest banks.
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The Pound to Euro exchange rate last week recorded its largest weekly gain since August and could be entering a new uptrend in a week that will be dominated by the release of Eurozone inflation dat…
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