The Pound-to-Euro rate extended its bounce off post-referendum lows last week, closing around one and a half percent higher for the period on Friday, and the charts suggest Sterling is now close to having risen as far as it's likely although improved risk appetite might continue to lift the British currency this week. 

April 5,2020

We are wary that the next week could see some further consolidation in Sterling, but critical to how Sterling performs will be the overall performance of global markets, as we have established market sentiment is a critical driver of Sterling in these coronavirus-impaired times.

April 4,2020

The Euro fell to a two week low against the British Pound over the course of the past 24 hours and remains poised for further weakness, amidst the market's growing frustration over the Eurozone's inability to adopt a united approach to fighting the economic damage caused by the coronavirus pandemic.

April 2,2020

A notable decline in the Euro has allowed the Pound to build on its recent recovery, with Monday's 0.75% rise taking the Pound-to-Euro exchange rate back above 1.12 to trade at 1.1260.

March 30,2020

The Pound-to-Euro rate closed its best week since September 2017 on Friday and the charts are flagging that period of consolidation is now likely, although the trajectory of the exchange rate will be determined more in the week ahead by investors' appetite for risk than it will anything else. 

March 29,2020

The British Pound advanced against the Euro on Thursday alongside a lift in global equity markets, as investors bet that global central banks and governments had done enough to minimise the negative economic impact of the coronavirus outbreak.

March 26,2020