Pound Sterling outlook at the mid-week period

GBP/EUR exchange rate finds support at key 1.13 area again and further GBP strength is expected if Theresa May consolidates her power. However the EU''s response to UK's latest Brexit White Paper is next key hurdle for the currency.

July 12,2018

May and David Davis

Technical forecasts, data releases, analysis and commentary for the British Pound and Euro in the coming week.

July 9,2018

ECB

Euro exchange rates seen broadly higher on Thursday, July 5 as markets bring forward expectations for an ECB interest rate rise, but the market's moves are described as "senseless" by one analyst.

July 5,2018

JP Morgan strategy

GBP/EUR a better vehicle than GBP/USD to profit on declines in Sterling with fading European political risks boding for a stronger Euro say JP Morgan. But Danske Bank say buy Sterling weakness - a strategy that has this week proved correct.

July 5,2018

British Pound analysis

The British Pound appears to be successfully defending a key line of defence against the Euro, and one forecaster tells us the doors are therefore being opened to fresh multi-month highs.

July 5,2018

Theresa May

Foreign exchange strategists at Danske Bank view the recent jump in the value of the Euro relative to the British Pound as likely to be unsustainable, insisting that any weakness in Sterling should be bought in anticipation of a rebound.

July 3,2018

Pound sterling week ahead

If 1.13-1.15 range has indeed broken, look for move down to 1.1150 in the GBP/EUR exchange rate. Watch service sector PMI data on Wednesday and Eurozone manufacturing data on Monday for signs of a continued rebound in area activity

July 1,2018

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