Pound forecast to reverse some of its losses against the Euro

The British Pound is expected to reverse some of its recent "impressive performance" by foreign exchange strategists at global investment bank RBC Capital.

January 23,2019

British Pound vs. Euro week ahead forecast

The technical outlook for the GBP/EUR exchange rate remains constructive in the shorter term and for Pound Sterling much will depend on parliament's ongoing crusade to prevent a 'no deal' Brexit from transpiring on March 29.

January 20,2019

Pound Sterling technical analysis

Technical studies suggest the upside case for the GBP/EUR exchange rate has strengthened, increasing the probability of an extension even higher.

January 18,2019

May impact on Sterling exchange rates

The GBP/EUR exchange rate continues its ascent with the pair hitting a new 2019 high at 1.1307, which amounts to a 1.58% advance for the year.

January 17,2019

May speaking today

Foreign exchange strategists with UniCredit are expecting Theresa May's Brexit deal to succeed in parliament on a second or third attempt, and this should spark a strong rally in Sterling against the Euro.

January 15,2019

May's deal faces its first major test

From a technical perspective Pound Sterling is positively aligned against the Euro, but we are wary of a notable spike in volatility over coming days as the EU-UK Brexit deal is put in front of the UK parliament.

January 13,2019

Pound Sterling

Foreign exchange strategist Jordan Rochester with Nomura in London says he is a buyer of Sterling, saying the UK parliament will ultimately ensure the UK avoids a 'no deal' Brexit.

January 11,2019

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