Pound Sterling

"A clear majority for the Conservatives would help strengthen Sterling further and may loosen the economic restraints caused by the Brexit uncertainty." - Chris Towner, JCRA.

December 4,2019

Poll tracker

The Pound-to-Euro exchange rate is trading at 1.1686 on Tuesday, December 03. and we are told by one analyst the balance of risks for Pound Sterling are balanced to the downside at this juncture.

December 3,2019

Saskia Esken

Political uncertainty has once again emerged on the Euro's radar, with analysts saying news of a potential split in Germany's ruling coalition is likely to provide a potential drag on the currency over coming months.

December 2,2019

The Pound-to-Euro rate rose strongly last week and still retains the initiative on the charts, although it's approaching a level that's tipped to put up tough resistance while election headlines have this weekend turned into a headwind and could weigh on the British currency in the days ahead. 

December 2,2019

polling UK election

The British Pound was seen consolidating recent losses against the Euro, U.S. Dollar and other major currencies in mid-week trade after the latest YouGov poll steadied sliding expectations for a Conservative majority at the looming General Election. With Sterling trading in response to shifting expectations for the outcome of the December 12 General Election, today's key event could well be the release of a detailed seat-by-seat prediction that in 2017 accurately called the final outcome of the vote.

November 27,2019

The Pound-to-Euro rate was clobbered in the final session of last week after an IHS Markit PMI survey pointed to another economic contraction in the final quarter, although technical analysts at Commerzbank say the nascent correction lower could continue in the days ahead. 

November 24,2019

Exchange rates

Pound Sterling's multi-week advance against the Euro could be in the process of reversing in the short-term according to the latest studies of the EUR/GBP charts conducted by one of the industry's leading technical analysts.

November 21,2019

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