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stanvax

November play - GBP continues to grind upwards against the Euro

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Libra Esterlina / Euro (FX_IDC:GBPEUR)  
stanvax  
FX_IDC:GBPEUR   Libra Esterlina / Euro
Trend Analysis
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trendanalysis
After the correction caused by Carney last week - I think the GBP will re-establish its steady recovery against the Euro. Clearly there are big issues politically - and that could derail the recovery, but the growth of the UK economy surprised commentators last week - and from here in the UK it feels pretty solid. I think ultimately we will see 1.20 before we see 1.10 again
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