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The Pound to Euro exchange rate entered the new week near to November highs but could find itself confined to a narrow and potentially sleep-inducing range this week, one spanning the gap between Sterling's 100-day average at 1.1603 and technical resistance up near 1.1667.
November 28,2022
The British Pound has risen over the course of the week, with analysts saying a portion of the advance can be attributed to a firming up of Bank of England interest rate hike expectations.
November 25,2022
The Pound to Euro exchange rate has built further on last Friday's advance early in the new week but its hat-trick of gains now has Sterling fast approaching a dense pocket of technical resistances near and above the 1.16 level on the charts, meaning the rally could be likely to stall in the near future.
November 22,2022
GBP/EUR looking better supported, 200-week moving average forms main technical roadblock.
November 21,2022
Strategists at French bank Crédit Agricole are buying the British Pound against the Euro in the near term, finding the Eurozone's single currency has reached a short-term overvaluation.
November 15,2022
GBP/EUR struggling to hold gains, suggesting downside potential for coming days.
November 14,2022
MUFG is a seller of Pound Sterling against the Euro.
November 9,2022
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