Speculative traders should consider selling the Pound to Euro rate on rallies in anticipation of a renewed decline to 1.1409, according to the JPMorgan FX desk.
April 15,2025
The Pound to Euro exchange rate fell to 19-month lows last week in what was its largest five-day decline since September 2022, however, the pair could stabilise in the days ahead and may even have scope for a partial rebound if the latest UK inflation figures help the Sterling bond market onto a better footing.
April 14,2025
The Pound to Euro exchange rate was on course for its largest weekly loss since September 2022 on Friday following a rout in US Dollar rates and a parabolic rally by the single currency, with GBP/EUR now appearing set to trade in a narrow 1.1489 to 1.1543 range through the session ahead.
April 11,2025
The Pound to Euro rate fell heavily last week but could now see a partial recovery, with technical support levels at 1.1813 and 1.1880 potentially regained, if the risk of a tit-for-tat tariff spat between Washington and Brussels leads EUR/USD to ebb further from its recent highs in the days ahead.
April 7,2025
Pound Sterling is softer against the Euro on Thursday.
April 3,2025
Tariff risks for the EUR are underappreciated.
April 1,2025
Pound Sterling will be impacted by global developments this coming week.
March 31,2025
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