GBP/EUR - Results from #80

17 April 2017 Pound to Euro Rate: Forecast for this Week

GBP/EUR has formed and probably completed a large triangle pattern which could augur a volatile breakout on the horizon.

12 April 2017 Pound hits Our €1.18 Target, €1.20-1.21 Could be Next

GBP/EUR continues its push higher and is now within spitting distance of the key 1.1800 juncture.

11 April 2017 Euro up on ZEW Survey Beat

The Euro was seen advancing on the Pound and Dollar following the release of some better-than-expected sentiment data out of the Eurozone.

05 April 2017 Pound Enters Bullish Territory Against the Euro After Piercing Major Trendline

 The Pound rose versus the Euro on Wednesday after better-than-expected economic data from the UK, whilst bullish signs on the weekly charts add a positive backdrop to the pair.

02 April 2017 British Pound Tipped to Keep Rising Against Euro on Brussels ‘Billet-Doux’

Sterling has been strengthening versus the Euro after an unexpectedly conciliatory tone was struck in opening exchanges between London and Brussels

30 March 2017 Rumours of an Unhappy ECB Halts the Euro's Rise

Sources close the European Central Bank (ECB) have complained that markets overreacted to its March policy meeting.

29 March 2017 GBP/EUR Rate Tech Outlook: Target 1.1700 if 1.1620 High Breaks

Pound Sterling retains a positive bias against the Euro as we head into month-end with the GBP/EUR exchange rate trading at 1.1568.

26 March 2017 British Pound to Euro Exchange Rate 5-Day Forecast: Correcting Within Upward Channel

 The Pound has started to move lower in the run up to the triggering of Article 50.

24 March 2017 Pound Sterling to Move Higher say Morgan Stanley as Sentiment and Positioning Reach Extremes

Sterling traders should keep hold of their bullish bets despite the currency going through the eye of the storm, advises head of strategy Hans Redeker at investment bank Morgan Stanley. 

22 March 2017 Pound to Continue Edging Higher Against Euro Near-Term

GBP/EUR is channelling higher on the four-hour chart, can it continue?

19 March 2017 Our Pound to Euro Rate Tech Outlook: Initial Short-Term Target at 1.1650

 A series of higher highs and higher lows is unfolding on the GBP/EUR four-hour chart could be indicative of the beginning of a short-term uptrend.

15 March 2017 British Pound to Euro Rate Higher as Scottish Referendum Risks Fade, But Strength to be Temporary

GBP/EUR bounced from its 1.1381 low at the start of the week following profit-taking on GBP shorts and news reports that suggested the Scottish referendum might not be as much of a horizon-risk as …

14 March 2017 The Euro Could be Pressured, Fanciful ECB Projections on Inflation Cited

 The Euro could remain flat for an extended period of time due to chronically subdued inflation, according to a recent report by Danske bank.

13 March 2017 Pound Sterling Unfazed by Sturgeon's IndeyRef2 Call, May Tipped to Deny Request for 2nd Vote

Markets may have interpreted Scottish developments only as “a slow-moving drag for the Pound”.

13 March 2017 Charles Stanley: Pound to Euro Rate Could Reach 1.10

After two consecutive weeks of losses for the Pound against the Euro, which has seen the exchange rate fall from highs of 1.1906 to lows of 1.1378, the pair now looks at risk of further downside to…

12 March 2017 Pound Forecast to See Downside Pressure Against Euro Ease this Week

GBP/EUR has fallen steadily during the past week, reaching lows of 1.1378 on Friday, before recovering and closing above 1.1400 - our target from the previous week’s analysis.

09 March 2017 Pound Goes sub-1.15 Against Euro as 1.12/1.1050 Eyed

Pound Sterling has fallen below another key level as markets absorb the Euro-positive tone communicated by the ECB at their March policy meeting.

08 March 2017 The Pound Sterling's Downside Momentum Forecast to Ease on UK Budget 2017

The Pound rose by 0.3% against the Dollar and the Euro during the budget as investors took confidence from the Chancellor’s upbeat tone and bullish revisions to growth forecasts for the current yea…

08 March 2017 Relief as Pound to Euro Exchange Rate Sees Downside Momentum Begin to Fade, ECB Event is Key Risk Today

Pound Sterling has been in an unanswered decline against the Euro since January 23 and our studies suggest the down-move is likely to extend a little further yet but at a more gradual pace than wit…

07 March 2017 The Pound Falls After Further Signs of UK Retail Sector Slow-Down

Pound Sterling retains a negative bias against the Dollar and the Euro with another leg lower in the currency complex being sparked on the back of the release of data which showed a further slowdow…