GBP to EUR day chart

Technical studies confirm this market continues trading within an ever decreasing band in the 1.13s and 1.14s. But, this week big moves could occur on the back of the ECB event and a slew of big-hitting UK data releases.

June 10,2018

Barnier and David Davis Brexit negotiations

The Pound is likely to weaken against the European single currency in June, according to strategists at TD Securities, who have told clients that domestic politics and the latest Brexit deadline have soured and there is a tactical opportunity in selling Pound Sterling against the Euro.

June 7,2018

Rabobank exchange rate research

"Even though Brexit-related uncertainty is GBP negative, upside potential for EUR/GBP may be limited if investors anticipate a defiant tone from Italy’s populist government" - Rabobank.

June 6,2018

GBP EUR exchange services

Our latest technical forecast and fundamental outlook analysis for GBP/EUR suggests a slight downside bias but a slew of economic data releases - with the services PMI being the highlight - will be closely watched by markets in the week ahead.

June 4,2018

Eurozone and the Euro

"A currency in crisis is not very suited as a world trade currency" - Commerzbank.

May 31,2018

Salvini

The Euro is staging a relief rally amidst signs that the two leading Italian parties will make another attempt at forming a government.

May 31,2018

Euro relative performance

Financial markets are reflecting signs of stress pertaining to Italian political uncertainty; a development that has allowed the British Pound to notch up some gains on the the single currency.

May 29,2018

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