Sterling could recover lost ground this week if prevailing rates around 1.15 succeed in drawing bargain hunters from the woodwork.

April 12,2021

Germany vaccinations

The British Pound is on course to record its sharpest weekly decline against the Euro since September 2020, a time when the EU and UK faced a logjam in Brexit trade negotiations that lead markets to raise bets a 'no deal' outcome was increasingly likely.

April 9,2021

ECB's Klaas Knot

The Euro was seen trading higher mid-week with analysts saying at least some of the gains can be attributed to a member of the European Central Bank saying emergency measures introduced to deal with the pandemic could be fazed out as soon as September.

April 7,2021

Barclays say buy the Pound against the Euro

"Potential positive GBP seasonality in April may help EURGBP to break 0.85 resistance level" - Barclays.

April 7,2021

 

The Pound-to-Euro exchange rate reached new one year highs above 1.18 to open the new week and was close to the middle of a 1.17-to-1.20 trading range that could be set to define price action for Sterling during the weeks ahead.

April 5,2021

The Pound-to-Euro exchange rate reached one-year highs this week, at or above which it's likely to remain in the months ahead, according to new forecasts from Rabobank.

April 2,2021

Pound to Euro rate

The British Pound is up 4.50% against the Euro already this year courtesy of a combination of faded Brexit-linked risks and expectations for a strong vaccine-lead economic rebound over coming months, developments that underpin a strong technical picture that continues to advocate for further gains.

March 31,2021

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