GBP/EUR has been bleeding lower over recent days and several market technicians are saying this is likely to continue.
March 8,2017
UK government bonds, also known as gilts, should start to yield more as the economy remains stable and inflation expectations build, says the chief economist at advisory service Capital Economics, Jonathan Loynes.
March 8,2017
GBP/EUR lost a substantial amount of ground last week and its likely to continue after breaking below a key trendline on the daily chart.
March 6,2017
A survey of managers in the construction industry revealed a more 'constructive' outlook for the sector than had previously been expected.
March 2,2017
The exchange rate is currently pushing up against a multi-month trendline drawn from the late 2015 highs, however, it looks likely to pierce above the trendline.
March 2,2017
GBP/EUR rolled over at the 1.1828 highs and formed a bearish Three Black Crows Japanese candlestick pattern, which consists of three down-days in a row.
February 20,2017
GBP/EUR has climbed to new highs of 1.1828 and although it is currently pulling back, the short-term uptrend remains intact.
February 16,2017
The Pound to Euro has recovered from the 1.15s and pushed back up to the top of its range again in the 1.17s.
February 13,2017
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
Recent figures from the Bank of England (BOE) showed a sharp decline in Gilt purchases by foreign investors in December, which was probably a function of the stronger Pound.
February 1,2017
GBP/EUR has pulled back and looks quite evenly balanced from a technical perspective.
January 30,2017
TD Securities have dropped their call for a rate cut in Q4 2017 saying that improved economic data and a less dovish monetary policy outlook in the UK now mean the odds of a hike or cut are evenly balanced.
January 29,2017
The exchange rate may run into problems after achieving our target as there are two tough resistance levels standing in the way.
January 26,2017
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
The Pound rebounded strongly after Theresa May’s speech mentioned the involvement of Parliament in the process of Brexit.
January 19,2017
