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Brexit remains key for Sterling and ongoing progress to achieve a withdrawal agreement should help Sterling over coming days. The Bank of England is meanwhile largely unlikely to materially influence Sterling.
September 10,2018
GBP/EUR has risen after news of progress towards a Brexit deal and recent price action appears to have made a technical reversal and is biased to go higher. The policy meetings of both the UK and Eurozone central banks are the main events in the week ahead
September 9,2018
The British Pound is being tipped to extend recent gains by a prominent foreign exchange market commentator who says there is concrete evidence the EU and UK are slowly but surely converging on a Brexit deal.
September 7,2018
The British Pound remains caught in an intractable downward-sloping channel against the Euro and an intractable Brexit muddle. But, expect a recovery in 2019 because a Brexit deal will be done, even if it looks like a Canadian-style free trade agreement.
September 5,2018
Italian politics are increasingly a source of focus for financial markets as the new government looks to set out their new tax and spend plans. What might this mean for the Euro's outlook?
September 4,2018
Strategists at UK high-street lender Barclays have confirmed to corporate and investment banking clients they believe Pound Sterling has absorbed a good portion of Brexit-related uncertainty.
September 4,2018
GBP/EUR remains supported by progress in Brexit talks and the exchange rate is now threatening to breakout of falling channel and reverse trend. The main release for Sterling are PMIs; for the Euro Retail Sales top the economic calendar
September 4,2018
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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.