Pound to Euro Exchange Rates Take a Round Trip To 1.20 And Back.

GBPEUR Rates Rally In Anticipation Of Boe Rate Decision

Over the last week we have seen Pound Sterling exchange rates rally from 1.19 to a close above 1.20- this is mostly traders pricing in the fact that the Bank of England are expected to raise interest rates again this week. Now, once common mistake people make is...
GBPEUR Faces large resistance at 1.20.

GBPEUR Faces large resistance at 1.20.

Last week, Sterling exchange rates continued its ascending move against most major currencies with GBPEUR tapping the 1.20 handle (Albeit briefly) and GBPUSD going above 1.37 (5% up from Decembers lows). This has been a great start for Sterling bulls with much good...
Pound Sterling Begins 2022 with Strength.

Pound Sterling Begins 2022 with Strength.

The first official trading week of the year was significantly bullish for Sterling exchange rates; with GBPEUR closing the week at 1.1960 and GBPUSD closing the week at 1.3584 (After a very weak NFP reading). So far, Sterling is the best performing currency of 22...