eur/gbp

EURGBP London set up idea With EURGBP dropping down over the last few days we could be seeing a retrace from the bullish move last week back below the 50% area ready to move up again. We have seen the strength in GBP with the interest rate rise pushing this pair back down. I will be looking...

EURGBP slumped to a fresh 1.5 year low of 0.8421 on Monday morning. At the time of writing, the currency pair rebounded a little from the Asian session lows but remains at depressed levels. On Monday, the Euro slightly retreat from last week highs while the British Pound holding the gains...

Good morning, Today guys, we take a look at EUR again but vs GBP, as major cross shows interesting scenario on weekly chart:

The pair plunged to a fresh year low of 0.8640. If the price won't break below 0.8600 we may see a pullback to 0.8690 then 0.8720. On the other side break below 0.8630, the next level to watch 0.8600/0.8580.

EUR/GBP trading above 3- month high, 0.9160. Moving ahead, the GBP traders will closely monitor the fresh updates from UK/EU trade negotiations. The important level to watch this week: Support: 0.9080 and 0.9000 Resistance: 0.9190 and 0.9280

Well well well. A look back at EURGBP and i have been saying for a long time this is going down. Initially from the 0.9 area and also since xmas too. Weve been in this small wedge and its ended with a break out below the support area . This gives us a simple rule set for a nice entry for a...

During the early Asian session, the RBNZ released their biannual Financial Stability Report. In it, the Bank expressed continued concerns over Auckland’s rising housing market and also low dairy prices. Current Sentiment: No new macro-prudential measures were introduced to help curb New...

Today, Thursday 25 July, we get the UK GDP Quarterly and the yearly numbers. It is expected the GDP grew in the last quarter at 0.6% up from the previous estimate of 0.3%. For the yearly comparison, the estimate is up 1.4%, an improvement from the previous increase of 0.3%. If these...

GBPUSD, EURGBP. This past week it was confirmed that the EU – with two consecutive negative quarterly GDP numbers – officially slipped into a recession. With the Brits' biggest trading block contracting, can the UK economy be far behind? Had it not been for the London Summer Olympics, which...

EURGBP. We had some interesting economic numbers released last week. Perhaps overlooked was the European M3 money supply report. This is the broadest measurement of the money supply and the quarterly and yearly growth numbers were both smaller than expected. The largest deviation from the...