GBPEUR at 2023 high of 1.17.

GBPEUR at 2023 high of 1.17.

The GBPEUR exchange rate has hit a new 2023 high of 1.17 on Friday afternoon- Sterling has technically been strong over the last month or so with back-to-back gains against the Euro and Dollar. The reason for the strength has now been due to interest rate hike bets-...
GBPEUR Higher after UK Inflation data.

GBPEUR Higher after UK Inflation data.

The last week was pretty volatile for markets- with traders now pricing in more BoE hikes this year (Expected to reach 5.5%) following inflation data showing no sign of cooling yet. Naturally, this helped push the GBPEUR rate higher into the 1.15 area- but...
GBPEUR at 2023 high of 1.17.

Another big week for central banks.

With just a 4 day week ahead of us in the UK before the King’s Coronation, we have a relatively volatile week on the cards with Central Banks as the key focus- which could present some great opportunities for those buying and selling Sterling. First of all, on...