27 October 2016 CitiFX: GBP/EUR Exchange Rate Still has a Long way to Fall

Expect the current period of stability in Pound Sterling to extend a little further ahead of a notable move lower say analysts at Citibank.

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25 October 2016 British Pound Vulnerable to Sharp Spike Lower vs Euro and US Dollar Despite Carney Briefing

The next headline risks to Pound Sterling comes in the form of Bank of England Governor Carney’s appearance before the House of Lords Economic Affairs Committee.

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24 October 2016 For Both GBP/USD & GBP/EUR More Upside is Required Before we Call this a Recovery

A break above the 1.25 level would confirm a bullish outlook for GBP/USD whilst 1.1400 is the line in the sand for GBP/EUR

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24 October 2016 Declines in the Pound Likely to be Temporary say Soc Gen

Societe Generale’s Olivier Korber argues Pound Sterling has absorbed as much negative news concerning the outlook as can be reasonably expected.

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24 October 2016 Are we Confusing Hard-Brexit with Sensible Posturing Ahead of Brexit Negotiations?

UK should not be back down or reveal its concession expectations as this could make the EU harsher in its quest to make an example of the UK.

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24 October 2016 Hammond's QE Comments Trigger Fresh Decline in British Pound Against Euro, Dollar and G10 Majors

Expectations for a strong GDP reading and falling expectations for a November Bank of England rate cut are supporting Pound Sterling.

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20 October 2016 British Pound Records Rare Weekly Advance Against Euro, Dollar as May Confirms Govt will Pursue Free Trade with EU

Pound Sterling could find Prime Minister May’s attendance at the Eurogroup meeting on Thursday and Friday the next source of volatility.

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