The Pound-to-Euro exchange rate set itself on course for a third consecutive gain on Thursday and was tipped by technical analysts for an extended run higher amid an ebbing downtrend on the charts, with highs up near early June levels billed as possible for the coming days. 

August 27,2020

"We have lowered our long-term outlook for the GBP vs the EUR," says Valentin Marinov, Head of G10 FX Research & Strategy at Crédit Agricole in London.

August 25,2020

The Pound-to-Euro exchange rate signed off with a soft finish to an otherwise strong week Friday but enjoys nearby technical support and could reclaim higher levels alongside the Dollar Index in the coming days, although a looming Federal Reserve speech is a potential banana skin for both. 

August 24,2020

Economic data out of the Eurozone for August showed the region's economic recovery had lost some of its earlier vigour, which has been reflected in a softer Euro ahead of the weekend.

August 21,2020

The British Pound starts the new week softer against both the Dollar and Euro but we would expect a potentially volatile week for Sterling given Brexit trade negotiations commence once more while the release of flash PMI data at the end of the week will be eagerly anticipated for a foreign exchange market obsessed with the speed of the post-covid economic recovery.

August 17,2020

The Pound-to-Euro rate advanced Friday after being pulled higher by GBP/USD in moves that were necessary to keep the Euro-to-Dollar rate afloat, given a European trade-weighted-index conundrum that may have closed off Sterling's path lower from 1.10 for the time being.

August 16,2020