Barclays analysts maintain their optimistic outlook on the British pound (GBP) against other major currencies, particularly the euro (EUR).
Pound to Euro Breaks 1.20
- Category: EUR
The British Pound has rallied to its highest level against the Euro in more than two years.
Pound Sterling has wind in its sails and further gains against the Euro are possible in the coming five days.
The Pound has risen sharply this week, buoyed by a supportive global backdrop of rising stock markets and a favourable decision from the Bank of England on Thursday.
- Pound to Euro Exchange Rate's Push Higher Reaches Notorious Resistance Zone
- Pound to Euro Rate Due a Setback on Bank of England Decision
- Pound Sterling Builds on Gains Against Euro and Dollar After Traders Throw the Towel In on a Thursday Rate Cut
- Pound to Euro Week Ahead Forecast: Inflation and Bank of England Risks to Weigh