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Pound Sterling has fallen for seven consecutive days, one of its longest losing streaks in months as pessimism over the state of cross-party Brexit talks combines with global trade war fears, however there is technical evidence that suggests the selling pressures might soon fade.
May 15,2019
The Pound-to-Euro rate entered the new week trading around 1.1571 at the start of the new week after closing a full one and a half percent lower than a week ago.
May 13,2019
Pound Sterling found itself caught in the cross-fire of a major market sell-off that struck late Thursday as investors took money off the table on fears the U.S. and China were heading for an all-out trade war.
May 10,2019
The technical outlook for Sterling has improved but much will depend on the outcome of cross-party Brexit talks due to conclude this week.
May 6,2019
Pound Sterling powered to 4-week highs against the Euro on Friday, May 03 following the substantial defeat suffered by the Conservative Party in local elections.
May 4,2019
UK high street lender Lloyds Bank have raised their forecasts for how many euros a pound will be buying by year-end 2019.
May 2,2019
The Euro will rise in the second half of 2019 as the ability of the Eurozone to ‘export capital’ declines, limiting the extent of outflows, and this will reduce Euro-selling, says Hans Redeker, chief global FX analyst at Morgan Stanley.
May 1,2019
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Horizon Currency's dealing desk is here to answer any questions you have about the market.
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