GBP/EUR - Pound to Euro forecasts

GBP EUR Still Struggling Below 1.1600 Level 

GBP EUR Still Struggling Below 1.1600 Level 

The GBP EUR exchange rate is still showing weakness below the 1.1600 level. Consumer confidence in Germany and France was seen to be at a new low in Germany and France as inflation and economic gloom weighs on the two largest economies in Europe.  The GBP to EUR...
GBP EUR Risks Surrendering the 1.1600 Level 

GBP EUR Risks Surrendering the 1.1600 Level 

The GBP EUR exchange rate opened the week down -023%, risking giving up key support. KPMG predicts a mild recession for the UK economy next year. The euro saw disappointing figures last week for growth, but traders are happy to give the single currency the edge just...
GBP EUR Exchange Rate: The Week Ahead June 26th 

GBP EUR Exchange Rate: The Week Ahead June 26th 

The GBP EUR exchange rate remained close to unchanged this week after the Bank of England rate hike to 1.25% saved the pound sterling from earlier losses in the week. The Bank also said that UK inflation will rise to 11% in the autumn. The next inflation...

GBP/USD - Pound to US Dollar forecasts

GBP USD Exchange Rate Falls Amid Murky Economic Backdrop

GBP USD Exchange Rate Falls Amid Murky Economic Backdrop 

The pound edged higher against the dollar on Tuesday morning before the gloomy economic state of play dragged it to the depths of the 1.22 range.  On Monday, British Prime Minister Boris Johnson announced plans to pass legislation this year that would ditch some of the rules on...
GBP USD Exchange Rate Starts Week in a Desultory Fashion 

GBP USD Exchange Rate Starts Week in a Desultory Fashion 

The pound lacked impetus against the dollar on early Monday amid fresh post-Brexit tensions and ongoing economic growth uncertainty in Britain, before briefly advancing into the 1.23 range on the back of dollar weakness.  Prime Minister Boris Johnson said on Monday that parliament might pass legislation that ditches...
GBP USD Exchange Rate Set for First Weekly Gain in Four 

GBP USD Exchange Rate Set for First Weekly Gain in Four 

The pound was choppy against the dollar this week, bobbing between the 1.21 and 1.23 ranges, with the currency’s gains tethered by ongoing economic uncertainty and political risk.  Despite its inability to shift through the gears, the UK currency ticked up against a broadly weaker dollar on Friday,...

GBP/AUD - Pound to Australian Dollar forecasts

GBP AUD Lower as Headwinds Weigh on Sterling 

GBP AUD Lower as Headwinds Weigh on Sterling 

The GBP AUD exchange rate was -0.42% lower on Tuesday as headwinds weighed on the pound sterling.  The GBP to AUD rate has the 1.7700 level in sight and a move above that level could spark a recovery in the sterling Aussie pair.  Chinese investment in Australia at a...
GBP AUD Pressures the 1.7800 Level Once More 

GBP AUD Pressures the 1.7800 Level Once More 

The GBP AUD exchange rate was 0.40% higher on Monday as traders react to stronger than expected iron ore prices for the Aussie economy. The near-term ore prices were helpful to the economy down under but will add volatility.  The GBP to AUD rate has the key 1.7800...
GBP AUD Stands Still at 1.7700 without Catalyst 

GBP AUD Stands Still at 1.7700 without Catalyst 

The GBP AUD exchange rate was a little higher on Thursday with the resistance ahead at 1.7800 still in play but the market lacks a catalyst. British inflation came in at analysts’ predictions and the market may wait for further central bank comments. The UK is still...

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