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
Tusk says it's back to the drawing board for the UK over the Irish border, ensuring the prospect of a 'no deal' Brexit remains high. Under such an outcome the Pound-Euro rate will go sub-parity in 2019 according to UBS, and Goldman Sachs see a 10% decline in Sterling.
September 27,2018
Sell the Euro against the Pound in anticipation of a Brexit deal being done say strategists with SEB, the Scandanavian banking giant.
September 18,2018
The British Pound is in recovery mode against the Euro as Brexit sentiment improve, but a tough technical resistance zone lies ahead. Inflation data dominates Sterling's calendar while for the Euro all eyes are on PMI numbers.
September 16,2018
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