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“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
GBP/EUR testing 1.19 & eyeing 2021 highs into year-end.
December 30,2021
GBP/EUR looks to hold 1.18, struggles at 1.1869 after six-day rally stalled at resistance on charts.
December 28,2021
The outlook for the British Pound is not as poor as current investor sentiment would suggest, says a leading Wall Street investment bank.
December 22,2021
GBP/EUR supported at 1.1741 & 1.1683, upside bias seen to prevail above 1.1683.
December 20,2021
Pound Sterling looks supported, but the big risk for those readers holding out for higher rates is the Bank of England skips another hike in February.
December 17,2021
ING strategists see the Pound-Euro exchange rate at around 1.1765 following such an outcome.
December 16,2021
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