GBPEUR is supported as long as above €1.1490, €1.16 a tentative target.
October 9,2023
Pound Sterling is set to remain vulnerable against the Euro over the coming days and a test of the solid support zone at 1.15 could well come into play in a week devoid of data and events on the calendar for either the Eurozone or UK.
October 2,2023
Strategists at Morgan Stanley say they are 'long' on the Euro to Pound exchange rate (EUR/GBP) and are ultimately looking for the pair to break above its summer range as the Euro outperforms its British peer into year-end.
September 29,2023
Euro exchange rates are in focus over the remainder of the week as inflation prints are released from across Europe, starting in Germany where we have already seen an undershoot.
September 28,2023
Pound Sterling is "at risk" as the Bank of England has potentially lost credibility in its fight against inflation, according to analysts who have taken stock of its decision to halt raising interest rates.
September 27,2023
The British Pound has lost value against all its G10 peers over the past month with losses accelerating in the previous week, but our five-day forecast suggests some of those losses can be unwound.
September 25,2023
The Pound could be approaching attractive levels for buyers according to a new analysis that follows another sharp decline in the currency, this time in response to the Bank of England's decision to hold interest rates unchanged at 5.25%.
September 22,2023
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