Pound Euro week ahead forecast

GBP/EUR looking to hold above 1.1950, with supports near 1.1954, 1.1920, 1.1864.

January 17,2022

Euro

EUR/USD gunning for 1.15 in range breakout, profit-taking & stock market lag weigh on USD.

January 13,2022

Pound Sterling week ahead forecast

GBP/EUR could attempt a recovery of 1.2000 but is facing resistance at 1.1998, 1.2015 & 1.2051.

January 10,2022

Exchange rates

Pound Sterling has already breached Credit Suisse's forecast target against the Euro, leading the Swiss bank to raise a new target and affirm their bullish stance on the UK currency against its continental rival in 2022.

January 7,2022

Pound against the Euro

Pound Sterling could be on course to test a pivotal two-year high against the Euro in coming sessions provided global market sentiment remains supportive and technical restistance around the €1.20 level melts away.

January 14,2022

Pound Sterling vs. Euro week ahead

Profit taking may prompt setback, test of 1.1830, as consolidation could follow holiday rally from 1.17.

January 4,2022

EU and UK flag

“What the pound’s trade weighted past shows very clearly is that when that fiat moves it does so at a speed that catches-out those unprepared; or, put differently, a speed that financially carries-out those expecting continuity,” Dr Savvas Savouri, Toscafund Asset Management.

December 31,2021

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