May 24, 2024 – Written by John Cameron
Leave a comment STORY LINK GBP/EUR Exchange Rate Retreats from Key Resistance Level
The Pound to Euro exchange rate (GBP/EUR) came close to touching the key 1.1765 level in early Europe on Thursday before a limited retreat to just below 1.1740 after a mixed round of UK business confidence data and further evidence of a Euro-Zone rebound.
The 1.1765 area remains a key resistance area.
Late on Tuesday, Prime Minister Sunak called a General Election for July 4th.
Opinion polls indicate a very strong Labour lead of around…
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