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There was a strong start for the British Pound on Monday, July 1 with the UK currency briefly jumping back above 1.12.
July 1,2019
Pound Sterling is predicted to maintain its ongoing trend of weakness against the Euro in the first week of June.
July 1,2019
The Pound is set to recover all of its recent losses to the Euro over the summer months, according to the latest forecasts from Capital Economics, although the Pound-to-Euro rate increase is expected to result from weakness in the European single currency rather than a universal recovery by the British unit.
June 28,2019
The British Pound could well succumb to its lowest-ever levels against the Euro before 2019 is out warns a leading foreign exchange analyst we follow, however analysis of the foreign exchange futures market suggests investors are not yet overly concerned that a 'no deal' Brexit will take place in 2019.
June 27,2019
The Pound-to-Euro exchange rate is looking to draw a new 'line in the sand' underneath its recent sell-off: today's price action should be key in this regard. How Sterling trades going forward would likely depend on how markets interpret Boris Johnson's Brexit plan.
June 26,2019
The British Pound is battling to defend a key 'line in the sand' against the Euro at the start of what is expected to be another difficult week for the UK currency against its Eurozone rival.
June 24,2019
The British Pound is forecast to remain under selling pressure against the Euro over the short- and medium-term timeframes with currency market attention likely to fixate on Boris Johnson's Brexit strategy.
June 23,2019
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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.