The Pound Euro (GBP/EUR) exchange rate climbed to a near one-month high last week, as positive UK data and weak Eurozone data impacted the pairing. At the time of writing, GBP/EUR was trading at €1.1535, up 0.4% on the week.
Pound Sterling Price News and Forecast: GBP/USD turns positive for the second straight day
The Pound to Euro (GBP/EUR) exchange rate closed the week near 1.1545 on Friday, holding close to recent highs as Sterling outperformed on firm UK data while Euro gains remained capped. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.15456Pound to Dollar (GBP/USD): 1.35335Euro to Dollar (EUR/USD): 1.17218 WEEKLY RECAP: GBP/EUR.
The Pound to South African Rand (GBP/ZAR) exchange rate closed the week near 22.30, with Sterling holding firm while the Rand remained sensitive to shifts in global risk sentiment and commodity prices. WEEKLY RECAP: GBP/ZAR traded with a firmer tone through the week, with the pair holding above the 22.00 handle and edging higher into.
Pound Sterling Price News & Forecast: GBP/USD appreciates on ceasefire hopes and Iran talks
GBPUSD managed to pass above the resistance of 1.3485 to meet the first target at 1.3580. As we see over the chart, the market is facing the first support zone at 1.3485, where if prices remain above it, more advance will be expected with resistances at 1.3580 and 1.3710-35.
Pound Sterling Price News and Forecast: GBP/USD attracts bids near 20-day EMA
GBP/USD Price Forecast: Attracts bids near 20-day EMA as US Dollar corrects
Intraday forex analysis covering GBPUSD analysis, NZDUSD, and USOIL analysis with a focus on key market movements, support and resistance levels, and short-term price action trends across major currency pairs. GBPUSD losing ground The pound looks to find some support after the dollar trapped prices in a descending channel.
GBP/USD: Risk building for test of 1.3400 – UOB
Pound Sterling Price News and Forecast: GBP/USD may rebound toward the two-month high of 1.3599
The Pound to Australian Dollar (GBP/AUD) exchange rate edged higher on Thursday as stronger-than-expected PMI readings from both the UK and Australia helped drive cautious gains. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 1.88815 (+0.11%)Pound to Dollar (GBP/USD): 1.34676 (-0.24%)Australian Dollar to Dollar (AUD/USD):.