Currency Forecasts

Category: Sterling


Best Exchange rates for GBP/EUR in 2 years

GBP/EUR at 2 year high Good morning. Sterling/Euro rates remain supported above the €1.17 level, even though the Brexit process remains very uncertain. Last night, parliament voted in favour of a bill that will avoid a No-Deal brexit, and won…

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The week ahead for GBP exchange rates

Best Exchange Rates

Good morning. Last week the Pound fell further against the Euro, as it became clear that a Brexit deal would not be agreed any time soon. To be honest the GBP/EUR rate probably would have fallen further if it were…

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Pound/Euro rises by 0.5% after strong UK Services data

Pound/Euro rates have recovered by half a point this morning. The gains have reversed the fall into the €1.13’s that we saw yesterday. Yesterday’s drop came after some poor manufacturing numbers. However this morning, rates have picked back up again into the mid €1.14’s. This…

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GBP/EUR and GBP/USD – What could impact the currency market today?

Following yesterdays spring statement the pound had a relatively strong day posting gains against most of its majors. At its highest GBP/EUR peaked just shy of 1.13, up from last weeks low of 1.1150 and GBP/USD pushed back close to…

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GBP/EUR falls below 1.12, will the pound fall further?

Sterling has fallen to its lowest level against the single currency since September 2017 having fallen to a low of 1.1150/0.8969 and bring the pounds losses to over 2.2% in the last week.

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