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Pound Sterling's long-term trend against the Euro is still down. This is the view of a leading foreign exchange technical analyst who we have been following for some time now.
August 2,2017
UniCredit have announced a material upgrade to their forecasts for the Euro against the Dollar while they maintain a bearish view on Pound Sterling.
August 2,2017
The Bank of England’s rate decision and Quarterly Inflation Report on Thursday are the highlights of the UK event calendar.
August 1,2017
The Pound to Euro pair is correcting within a dominant short-term downtrend.
August 1,2017
“Given still-flat positioning, the weak USD and the focus of FX investors on the timing of the ECB’s QE taper, we would expect a bigger move in the EUR in the event of a hotter than-expected core reading.”
July 31,2017
The Euro’s impressive rally might only just be getting started and this poses notable downside risks for the Pound to Euro exchange rate over coming months.
August 1,2017
Foreign exchange markets will be eyeing the release of Eurozone inflation data ahead of the weekend.
July 28,2017
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