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GBP/EUR sitting at bottom of long-term range with risk of breakdown, a break of 1.1164 lows would confirm more downside. Bank of England meeting main event for Pound; inflation data main release for the Euro
July 30,2018
The EUR/GBP pair is looks vulnerable to a technical dip, according to analysis from Autochartist, an independent technical analysis provider.
July 29,2018
The Pound whipsawed against the Euro Thursday following the latest European Central Bank monetary policy statement, as traders responded to perceived hints and cues about likely changes to Eurozone monetary policy during the year ahead.
July 26,2018
The Pound-to-Euro exchange rate is bid as markets welcomed May's decision to take direct control of Brexit talks but resistance to recovery lies at 1.1261-1.1312.
July 26,2018
GBP is better bid on report May will take over Brexit talks, ensuring the prospect of a 'no deal' Brexit is minimised.
July 25,2018
GBP/EUR has fallen to 1.1200 and broken to the downside of a multi-month range and technical studies suggest more weakness is possible in the week ahead subject to confirmation. Brexit politics continues to dominate Sterling, whilst for the Euro the ECB policy meeting and latest PMI's are major event.
July 23,2018
Following a strong run by the Euro against the British Pound over recent days, technical strategists are cautioning that the market might be getting a bit overheated.
July 20,2018
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Horizon Currency's dealing desk is here to answer any questions you have about the market.
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