Why is the Pound to Euro Rate Falling? DailyFX provides forex news and technical analysis on the trends that influence the global currency markets. The pound to euro rate was trading unchanged on Tuesday after unemployment numbers were better than expected, but still showed gloomy conditions. We use a range of cookies to give you the best possible browsing experience. GBP to TRY forecast for January 2021.. Unsurprisingly, post-Brexit trade talk updates were responsible for the resurgence. Actual GBP to EUR and EUR to GBP exchange rates. No entries matching your query were found. Note: Low and High figures are for the trading day. This information may also be shared with our marketing and analytics partners. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Read the latest GBP/CAD outlook and trade it with Capital.com. Forget what you have heard about Brexit: it appears the British pound has completely looked through it. British Pound Forecast: Sterling Slammed - GBP/USD Seeks Support 2020-12-11 16:30:00 EURUSD and GBPUSD Outlook Remains Tumultuous with Brexit and Fed Ahead 2020 … Stay nimble into the close of the week with more Brexit headlines likely to fuel volatility into the Sunday open. These are not trading levels and are for indicative purposes. Is it good time to sell or buy? Published Date: Dec 15, 2020, Author: AFTX, Title: GBPUSD Forecast: The British Pound Soars 200 Pips on Brexit Talk Hopes, Time to Buy or Sell? FX Publications Inc is a subsidiary of IG US Holdings, Inc (a company registered in Delaware under number 4456365). With the coronavirus pandemic, continued frustrations over Brexit and the UK suffering the biggest economic recession amongst major economies, most bank analysts predict the Pound Sterling will remain weak … Pound to Lira forecast for December 2020.In the beginning at 10.43 Liras. FX Publications Inc is a subsidiary of IG US Holdings, Inc (a company registered in Delaware under number 4456365). This article looks at the general trend in the GBP forecast and how it might impact your home currency. Registered Address: 32 Old Slip, Suite 803; New York, NY 10005. Bottom Line: The Sterling rally failed at multi-year downtrend resistance / fresh multi-year highs and leaves the Cable advance vulnerable while below the yearly high- watch the close of the week with respect to 1.3250. It was pushed higher by the EU and UK’s decision to “go the extra mile” and continue Brexit trade negotiations beyond Sunday’s deadline. This site uses cookies to track your site preferences and analyse traffic. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. Too early to say if recovery will come sooner - BBG $CAD, UK plans post-Brexit shipping reforms to rival Singapore - FT via BBG #Brexit $GBP, US Dollar Price Action into 2021: EUR/USD, USD/JPY British Pound saw devaluation in 1949 and from 4.03 US Dollars equal to 1 Pound, it became 2.80/USD. Euro Forecast: Bull Flags Take Shape in EUR/JPY, EUR/USD Rates, Top 10 Candlestick Patterns To Trade the Markets, Gold Price Forecast: Gold Bulls Bid Ahead of FOMC- XAU/USD Levels, US Dollar Technical Outlook: DXY Set Up for More Selling, Pound Outlook: Sterling Levels to Watch as GBP/USD Rebound Falters. , Technical Currency Strategist with DailyFX, Nasdaq 100 Bullish Trend Remains Intact Despite Short-Term Pullback, Mexican Peso Technical Forecast: USD/MXN Takes a Breather, Path of Least Resistance Still Lower, Gold Technical Forecast: XAU/USD Approaches Key Chart Levels, Crude Oil Price Outlook: Will WTI Rise into 2021? 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