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Banking giant BNP Paribas have released their post-Brexit forecasts as they update clients on where they are targeting the British Pound to trade against the Euro through the remainder of 2016 and through 2017.
July 13,2016
GBP/EUR is pausing after bottoming in the 1.15s, however, it remains vulnerable to further declines
July 13,2016
The pace of the decline in the GBP to EUR exchange rate leaves the pair looking incredibly oversold, we would expect decline to give way to consolidation over coming days.
July 12,2016
The euro to pound sterling exchange rate remains in proximity to its range highs, and conclusive signs that a medium term top is in place are still lacking.
July 10,2016
Amidst a flurry of revisions, the world’s largest investment bank provides its revised views on how low the Pound will go.
July 7,2016
Goldman Sachs believe that the British pound will reach its nadir in six months and could possibly be trending higher once again in 12 months time.
July 7,2016
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