Pound Sterling's rally against the Euro takes the GBP/EUR exchange rate to a five-and-a-half month high at 1.1480; levels last experienced in May. We are nervous of the advance extending and are biased to a retracement lower.

November 9,2018

The world's largest investment bank is backing the British Pound this week saying it is buying Sterling and selling Euros via options amidst signs of progress in Brexit negotiations.

November 8,2018

Euro exchange rate complex at risk should the ECB jettison interest rate rises in 2019 in view of slowing economy.

November 7,2018

The Pound has risen back inside a longer-term range vs. the Euro and our technical studies hint at further advances but we remain accutely aware that the Brexit mood music might shift and undermine our forecast.

November 5,2018

The British Pound has shot higher back towards the top of a range and we believe the strong run could well fade into the weekend opening up the prospect of sideways orientated consolidation near-term.

November 2,2018

The British Pound is witnessing a strong short-term run higher against the Euro at the start of the new month and has reversed over half of the decline suffered over the past three weeks in less than 48 hours, but we are wary that selling pressures will emerge closer to a notable ceiling in the market.

November 1,2018