Technical observations of the GBP/EUR exchange rate suggests the outlook has now flipped from advocating further gains and is pointed lower, although some final confirmation is required.
Read more … →Foreign exchange analysts at Goldman Sachs have notified clients recently they have revised higher their GBP/EUR forecasts and see 1.19 being possible by the end of the first quarter of 2022.
Read more … →The British Pound is stabilising alongside global stock markets, although it is still too early to sound the all-clear.
Read more … →The Pound-to-Euro rate edged higher despite Sterling being one of the poorer performing major currencies last week and so may remain buoyant over the coming days.
Read more … →Pound Sterling is approximately 100 pips away from its 2021 highs against the Euro, a level that could be reached in the near-term say analysts.
Read more … →Risk sentiment remains a key impediment to Pound Sterling's rebound against both the Euro and Dollar, pushing back against the currency's improving domestic narrative.
Read more … →GBP/EUR supported at 1.16 as corrective pressure wanes, struggles to overcome 1.17 without lift from UK data.
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