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The Euro-to-Pound exchange rate is forming a textbook bullish price pattern, according to Walter Zimmerman, an analyst at ICAP Technical Analysis in New York, which could see the pair break above parity in the months to come.
August 5,2019
Pound Sterling buys €1.0924 at the start of the new week after fall 1.65% in the week before. Studies of the charts suggest the pair will probably go lower in the coming days as the dominant downtrend extends.
August 5,2019
The British Pound has recovered some ground against the Euro, Dollar and other major currencies over the course of the past 24 hours, and the question we are asking is whether this strength is sustainable.
August 1,2019
Foreign exchange strategists are giving their views on the prospects for the British Pound as markets race to find it a new valuation on the assumption that a 'no deal' Brexit will occur on October 31.
July 31,2019
We are wary that weekend reports that suggest the UK government is doubling-down on preparations for a 'no deal' Brexit could send the currency lower when markets open.
July 28,2019
Pound Sterling raced to fresh multi-week highs against the Euro on Thursday, July 26, before staging a dramatic turnaround amidst a broad-based comeback in the Euro following the European Central Bank (ECB) event in Frankfurt.
July 27,2019
The Euro saw choppy trading against the Dollar and Pound Thursday after the European Central Bank (ECB) set the stage for interest rate cuts and a reopening of its bond buying program from September, as it seeks to lift already-insufficient inflation pressures at a time when economic growth is weakening
July 26,2019
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Need Help? WhatsApp me.
Horizon Currency's dealing desk is here to answer any questions you have about the market.
Sam is one of our specialists and can be WhatsApped questions via this link.