This is down to a lack of economic data this time of the month and traders looking to position themselves ready for the start of next. Next week we have a lot of European Data including RETAIL FIGURES, CONSUMER PRICE INDEX and GDP figures, plus the European Interest Rate decision. It seems rather likely that further loses will be seen and it seems to be the sky is the limit for GBPEUR rates. I am of the view that we are likely to threaten 1.40 now before falling back to 1.30. With all this data ahead timing a trade will be crucial to getting the best price and achieving the most euros. We have been helping people in this situation for years now and can certainly be of assistance.
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