Currency Forecasts

Category: Brexit effect on Sterling


GBPEUR lower after Commons vote

Good morning. GBPEUR has drifter lower this morning after yesterdays Commons vote. The government averted a Rebellion by pro-EU MPs by offering a meaningful vote on the final deal agreed with the EU. This meant they could overturn a series of amendments made…

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GBP/EUR hits 1 month high of €1.17

Sterling had a very good day yesterday following the invocation of Article 50. We saw GBP/EUR rates touch €1.1700 overnight before dropping back into the mid €1.16’s this morning. GBP/USD rose to $1.25. That’s a 1 month high for buying…

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