Pound to Euro week ahead forecast

The short-term technical outlook for the Pound-to-Euro exchange rate is improving, while weekend comments from French President Macron suggesting the EU should give the UK legally-binding pledges over the question of the Irish backstop will likely generate early interest amongst traders.

February 18,2019

EU elections pose a risk to the Euro

European political turmoil is a key market risk in 2019 and this will keep the Euro depressed, says Thanos Papasavvas, founder and CEO of ABP Invest.

February 15,2019

Steve Baker MP

There is little Valentine love being shown to the British Pound on Thursday, February 14 with markets fixating on a series of Brexit votes due in the UK parliament at 19:00 GMT.

February 15,2019

Natwest Markets Pound forecasts

Natwest Markets - the investment banking division of RBS and Natwest - have told clients they remain of the opinion the UK and EU will avoid a 'no deal' scenario on March 29. The view is one that is supportive of a stronger Pound.

February 13,2019

Euro vs. Pound

From a technical standpoint, the outlook for GBP/EUR is bullish after the pair broke out of a wedge pattern, and it is forecast to continue rising from here, potentially up to a target at the top of the range, at 1.1575-1.1600.

February 11,2019

Pound to euro

The Pound-to-Euro exchange rate is expected to rise to levels above 1.16 in a year’s time, while the Pound-to-Dollar rate will rise towards 1.40 according to the most far-reaching poll of analyst expectations available.

February 8,2019

May and Tajani European Union parliament

Pound Sterling posted a strong recovery against the Euro through the Thursday session, overturning a poor start to the day after markets sensed a distinct pivot towards a softer Brexit by the UK on the horizon. 

February 8,2019

Page 141 of 324

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.