eur/gbp

The Euro to Pound exchange rate continues to move sideways ahead of monetary policy decisions by the Bank of England (BoE) and the European Central Bank (ECB) on Thursday. The central banks are expected to hike rates by 50 bps this week. However, the recent Eurozone and UK Inflation numbers have...

EUR/GBP had been setting up bullish traps

EUR/GBP - Strong indication for a downside flip over

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...

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

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...

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...