News Image Market Report 15th - 17th August

Considering where Brexit negotiations left off, (Hard Brexit looking slightly more likely) anyone with immediate GBP/EUR exchange's should strongly be considering making part or all of what they'll need to exchange before negotiations fully get back underway.

News Image ECB was concerned about the exposure of some European banks to Turkey.

The Financial Times reported that the European Central Bank was concerned about the exposure of some European banks to Turkey. Turkey’s President Erdogan is expected to speak today in an attempt to calm nerves.

News Image GBP/EUR & EUR/GBP Weekly Forecast

GBP/EUR looks set to struggle over the coming weeks and month until Brexit Progress happens, if it even happens.

News Image May announces she's taking control of Brexit negotiations - Supports GBP

Sterling has a mini recovery but it will be limited - Next possible recovery could be next Thursdays BoE meeting.

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