UK inflation is set to peak at 10% says TD Securities, delivering a surge in prices that will inevitably hit economic activity and send Pound Sterling lower against the Euro and Dollar in coming weeks.

GBP/EUR vulnerable to more resilient Euro, BoE decision also a possible downside risk.

GBP/EUR looks to hold 1.19, with upside limited after G7 fires monster sanctions salvo at Russia.

GBP/EUR set to remain buoyant above 1.19, rough 1.1940-to-1.2041 range likely ahead.

GBP/EUR supported at 1.1870, could retest 1.20 as Sterling looks for footing near 1.1890, CPI data looms.

A recent shift in policy at the European Central Bank will save the Euro from a deep decline against the British Pound, says a leading foreign exchange analyst.

The ECB's recent policy swivel might just have put paid to any prospect that Pound Sterling will deliver new highs against the Euro this year shows new research.

ound Sterling will renew its strength over coming months and advance against the Euro, although the end of 2022 and the duration of 2023 will see Europe's single-currency claw back value.

Barclays says GBP to be supported, but warn the best part of the rally is done.

GBP/EUR looking for support above 1.18, after BoE & ECB updates prompt sell-off.

GBP/EUR in big breakout aided by BoE policy outlook, as inverted head & shoulders places 1.22 in pipeline.

"GBP is in the process of yet another post-war reset in the aftermath of the Brexit Referendum" - Kamal Sharma, Bank of America.

Technical analysis from Credit Suisse reveals Pound Sterling is on target to test levels closer to 1.21 as a part of a "significant trend" higher.

We are seeing the limits of Pound Sterling's advance against the Euro, according to a strategist at Société Génénerale.

Goldman Sachs have raised their forecasts for the British Pound against the Euro following a strong start to 2022 for the UK currency.

GBP/EUR looking to hold above 1.1950, with supports near 1.1954, 1.1920, 1.1864.

Researchers at Barclays describe the British Pound's recent performance as "resilient" as they anticipate the currency to continue outperforming key peers over coming weeks and months.

GBP/EUR could attempt a recovery of 1.2000 but is facing resistance at 1.1998, 1.2015 & 1.2051.

Pound Sterling has already breached Credit Suisse's forecast target against the Euro, leading the Swiss bank to raise a new target and affirm their bullish stance on the UK currency against its continental rival in 2022.

Profit taking may prompt setback, test of 1.1830, as consolidation could follow holiday rally from 1.17.