The Pound to Euro exchange rate has recovered further from early August lows and could now be likely to spend the week ahead eroding technical resistance from the nearby 100-day moving average at 1.1747.

August 19,2024

The Pound to Euro exchange rate’s recovery from last week’s lows around 1.15 may have been derailed and it could now be at risk of slipping further, according to strategists at ING, who say the Bank of England is set to weigh on Sterling.

August 20,2024

The Pound to Euro exchange rate recovery from early August’s lows could extend further up ahead, according to a trader at J.P. Morgan, who's a seller of EUR/GBP and is looking for a push below the nearby 200-day moving average.

August 20,2024

The Pound to Euro exchange rate has been tipped as a buy at Barclays with a 1.2048 target because recent losses have created an attractive entry opportunity and some fundamentals favour a continued recovery.

August 20,2024

The Pound to Euro exchange rate has stabilised after unraveling much of its second quarter advance in the early days of August and could be likely to trade buyantly within a rough 1.1639 to 1.1711 range this week.

August 20,2024

The Pound to Euro exchange rate has stabilised following recent heavy losses and could yet recover further up ahead but it faces downside risks heading into the medium-term, according to RBC Capital Markets strategists.

August 9,2024