The Pound-to-Euro exchange rate attempted to rally above an important resistance level on the charts last week but was scuppered by Euro strength and last minute weakness in Sterling, which may now have condemned the pair to a period of consolidation within a narrow range over the coming days. 
 

January 24,2021

Lockdown hits the UK economy

A sell-off in the British Pound ahead of the weekend accelerated on the release of data that showed the UK economy suffered a significant slump in January.

January 22,2021

Pound to euro news article

Pound Sterling is softer in mid-week thanks to a lack of fundamental drivers which has left markets more prone to technical considerations than has been the case of late.

January 20,2021

Johnson visits Oxford Biomedica

The Pound-to-Euro exchange rate will go higher, in part owing to the UK's rapid vaccine rollout, according to a leading foreign exchange analyst.

January 19,2021

The Pound-to-Euro exchange rate closed Friday with its first intraday decline for seven and may be susceptible to a further losses early in the new week, although it benefits from nearby technical support and fundamental tailwinds like an elevated trade-weighted Euro and faster coronavirus vaccinations in the UK.

January 17,2021

Pound exchange rates rise

The British Pound has arrived at a critical juncture in its recovery against the Euro, with the exchange rate hitting its head on a resistance level that has frustrated advances since June.

January 15,2021

The Pound-to-Euro exchange rate has rallied in recent days and counts as one of Sterling's most noteworthy successes, although with the single currency now stalling in its advance against the Dollar, new highs could be in store for the British unit over the coming weeks. 

January 14,2021

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