GBP/EUR PUSHING THE @1.15 BARRIER …….
Just like its performance against the US Dollar, Pound sterling is continuing its impressive performance against the EURO also, the pair is currently, as of 15:04pm 23rd January trading at @1.1486. The positive rumours regarding Brexit as mentioned in the earlier post above, have seen GBP/EUR reach a two month high, since the turn of the year GBP/EUR has appreciated over 2% which has been a shock to the market. It will be interesting to see if the recent gains can be cemented as negotiations in parliament to break the Brexit-Deadlock continue.