The Pound continues to plummet against the Euro. (Dayle Littlejohn)

GBPEUR Rejected by 1.17 Price Level Again

Its been another poor day for the Pound . Industrial and Manufacturing numbers came out lower than expected and GBPEUR has dropped into the 1.32s.

Going forward the Bank of England meet on Thursday for the latest Interest Rate decision. I expect the vote will be split 8-1 like previous, however it will be Mark Carney’s press conference shortly after that impacts GBPEUR exchange rates.

If he continues to take a dovish tone, I expect GBPEUR will continue to drop and we could see GBPEUR drop back into the 1.29s, the first time since January 2015! Its key to note it was only a month ago Carney exclaimed the BoE will not be in the position to raise interest rates until 2017.

If you need to buy or sell Euros in the upcoming days, weeks or months feel free to email me with your individual requirement (buying a property/ paying a company invoice) and the currency pair (EUR/GBP, EUR/USD) I will personally respond with my forecast, strategy and the buying process. [email protected] Dayle Littlejohn. Alternatively feel free to give me a call monday morning on 0044 1494 787 478 and ask the reception team to be put through to Dayle Littlejohn.

IF YOU WOULD SIMPLY LIKE A COMPARISON AGAINST YOUR CURRENT PROVIDER EMAIL ME WITH THE EXACT FIGURES AND I WILL GIVE YOU OUR LIVE BUYING PRICE AND TOGETHER WE CAN DO A COMPARISON!! THIS TAKES 30 SECONDS AND COULD SAVE YOU THOUSANDS!!