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Foreign exchange strategists with Scandanavian lender Nordea are looking to bet against the British Pound as they expect the Conservative party conference to leave Sterling weaker.
October 1,2018
GBP/EUR has rallied back up to lower channel line but faces resistance near-term, a break of resistance however opens the door to 1.1450. The Conservative party conference poses the main risk for Sterling this week
October 1,2018
The British Pound is looking to record its fifth consecutive day of gains against the Euro amidst a lull in negative Brexit headlines and increased scrutiny on Eurozone political risks but we are wary of a potential recovery in the single-currency ahead of the weekend.
September 29,2018
The British Pound is in fight-back mode, aided by some positive headlines that confirm market suspicions that a Brexit deal by year-end is in fact still a likely outcome.
September 27,2018
Foreign exchange strategists with Deutsche Bank have confirmed they are turning 'bearish' on the British Pound into year-end citing the increasingly acrimonious tone to Brexit negotiations.
September 26,2018
Pound Sterling under pressure as prospect of 'no deal' Brexit rises, leaving the short-term trend in the GBP/EUR exchange rate as being decidedly bearish. More downside now likely with targets located in the 1.10s
September 24,2018
A decline from two-month highs coincides with the E.U.'s apparent rejection of U.K. Prime Minister Theresa May's Brexit plans following the conclusion of the Salzburg summit.
September 21,2018
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Need Help? WhatsApp me.
Horizon Currency's dealing desk is here to answer any questions you have about the market.
Sam is one of our specialists and can be WhatsApped questions via this link.
