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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 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
Profit taking may prompt setback, test of 1.1830, as consolidation could follow holiday rally from 1.17.
January 4,2022
“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
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