Tags » Pound

Attention Turns to Eurozone CPI Data.

Sterling steadied on Friday after a rollercoaster week which has seen it scale seven-year highs against the euro even as doubts appear over how much more it can gain ahead of a potentially unsettling election in May. 292 more words

Sterling Hits Highest Levels vs Euro Last Seen in 2007

An impressive week for the pound has seen yet more multi year highs seen in GBP/EUR and a year high in GBP/USD. Analsyst at Danske Bank highlight that  the stronger UK growth recovery might aid GBP/EUR to move towards 1.3888 in the long-term. 354 more words

Euro

GBP/USD technical analysis 26/02/2015

The British Pound keeps moving through its uptrend after the fall started in last June. This bounce is not only a small correction, but a 570 pips movement and we can consider it as the new trend. 180 more words

Forex

Derivative Dog

I’m announcing a new member of our family:

His name is Geordie and we picked him up from the pound yesterday. My husband and I had been talking about getting a dog for a long time now. 681 more words

Strong dollar in the European session

The strength of the American dollar is causing a bearish outlook in the European session, today. The British Pound, after reaching the 23.6% Fibonacci level, seems to have ended its bouncing phase and GBP/USD is moving to 1.5320. 121 more words

Forex

Sterling hits new 7-year high against euro.

The UK’s pound jumped against the euro yesterday to €1.36, reaching its strongest level since January 2008 after the Bank of England hinted it could lower interest rates in the next few months.  361 more words