December 10, 2024 – Written by Tim Boyer
STORY LINK GBP to EUR Exchange Rate Nears 32-Month Best Despite Chinese Euro Support
The Pound to Euro exchange rate (GBP/EUR) has secured fresh support on Monday with an advance to 1.2085, close to key resistance just above 1.2100.
Any move to above 1.2110 would be a 32-month high for the pair.
The Euro has gained some protection from a monetary policy shift in China for the first time in 14 years with the Politburo stating that policy would be moderately losses compared…
Read More
