The British Pound teases new 20-month highs against the Euro and a purely technical assessment of the outlook suggests further gains to just north of 1.19 are possible near-term.
Read more … →The Pound to Euro exchange rate (GBP/EUR) has broken through a major resistance level suggesting the technical outlook has improved markedly.
Read more … →The British Pound hit a new 2021 high against the Euro on Friday, but we are alert to the prospect of selling interest in the U.S. session.
Read more … →"We remain bullish on GBP as the USD-positive environment is usually also benefitting GBP" - Danske Bank.
Read more … →The Pound might be in a lose-lose situation with investors who see prospective Bank of England rate hikes as supportive and a headwind, but Credit Suisse stick with a bullish forecast.
Read more … →GBP/EUR upside dented by ECB rate hike expectations which now anticipate a move as early as late 2022.
Read more … →GBP/EUR supported at 1.17, may see new highs if BoEโs inflation stance continues to inspire GBP.
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