Deutsche Bank do not think the British Pound’s January rally is sustainable and have given clients five reasons for remaining bearish the currency.
February 7,2017
The Euro has been slowly tracking higher through January as Eurozone data shows modest step-by-step improvements.
February 5,2017
GBP/EUR has pulled back after reaching 1.1800 highs and is currently trading at 1.1580.
February 7,2017
The bullish signal on the monthly chart shows a higher-than-expected possibility of February ending higher than it opened – i.e being an up-month.
February 2,2017
Pound Sterling has been the world’s most notable ‘political currency’ since the Brexit vote of June 23, 2016, but analysts tell us the Dollar could be about to adopt a similar label, and this has notable implications for the EUR/USD exchange rate's outlook.
February 1,2017
It's been a decent enough start to the new for Pound Sterling as it rises to 1.1761 against the Euro having traded below 1.17 earlier in the day.
January 31,2017
GBP/EUR has pulled back and looks quite evenly balanced from a technical perspective.
January 30,2017
The Euro could soon rise against the Pound argue analysts at a leading Scandanavian research house who believe a fresh bout of uncertainty will hurt Sterling.
January 25,2017
Since an initial leap higher, the conversion has been consolidating in a narrow range which has formed into what looks like a chart pattern called a pennant, as in the triangular flags which flew from medieval castle tops.
January 23,2017
Don’t sleep through the European Central Bank’s key policy meeting today we are told.
January 20,2017
The Pound rebounded strongly after Theresa May’s speech mentioned the involvement of Parliament in the process of Brexit.
January 19,2017
The British Pound was on offer at the start of the new week as the hard-Brexit story continues to be digested by foreign exchange markets.
January 17,2017
David Sneddon, Managing Director of Global Strategy Technical Analysis at Credit Suisse gives his latest projections for the Pound to Euro exchange rate.
January 14,2017
Lloyds Bank hold a relatively stable forecast for the GBP/EUR exchange rate through the course of 2017, but the level of uncertainty surrounding the UK currency makes for some heavy volatility.
January 10,2017
The one thing most analysts are in agreement with is that the US Dollar is likely to strengthen further in 2017.
January 10,2017
There is a heightened probability that Pound Sterling will slip even lower against the Euro in the near-term having broken a key support level.
January 10,2017
Pound Sterling Live have looked at the monthly and weekly charts for GBP/EUR to get a better understanding of how the year may play out from a technical perspective.
January 5,2017
