Ursula von der Leyen

Foreign exchange analysts at Scandinavian lender Danske Bank have told clients they are turning more cautious on the outlook for Pound Sterling, saying the currency is likely to struggle in a market where fears for a 'no deal' Brexit at the end of 2020 remain elevated.

January 7,2020

The Pound pared gains over the Euro early in the New Year although it still closed the week higher against the single currency on Friday and some technical analysts have said Sterling could now target levels not seen since shortly after the Brexit referendum. 

January 6,2020

British Pound

Pound Sterling remains poised for further gains against the Euro, despite falling back sharply over the second half of December, and a challenge of the 1.20 area over coming weeks can therefore not be ruled out.

January 2,2020

Exit Poll and the Pound

The Pound-to-Euro exchange rate moved to record a high of 1.2064, having been as low as 1.1755 earlier in the day.

December 13,2019

Traders exchange rates

Foreign exchange strategists with foreign exchange brokers AFEX say Pound Sterling is likely to remain relatively well supported against the Euro, and the strong rally in the exchange rate seen over recent weeks can potentially reach 1.20.

December 9,2019

The Pound has clocked up a hat-trick of new 2019 highs against the Euro in recent days and now enjoys a bullish set-up on the charts that could easily portend further gains if not for the looming Thursday general election, which will almost certain to dominate British exchange rates in the week ahead. 

December 8,2019

Johnson at NATO

The British Pound has pushed above the key 1.18 level against the Euro over the course of the past 24 hours, amidst a rise in expectations for a majority Conservative Government winning power next week.

December 5,2019

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