EUR/GBP gains traction for the second straight day and climbs to over a two-week high on Friday. The BoE’s bleak outlook offsets mostly better-than-expected UK data and undermines the GBP. …
EUR/GBP spikes to two-and-half-week high, 0.8500 mark back in sight Read More
EUR/GBP renews intraday high, before ticking lower, while staying inside a trend widening chart pattern. UK Q2 GDP shrank 0.1% QoQ versus -0.2% expected, monthly statistics came out softer on MoM, …
EUR/GBP Price Analysis: Grinds lower around 0.8450 on unimpressive UK GDP Read More
EUR/GBP is sensing selling interest around 0.8470 despite the lower consensus for UK economic data. UK households are making higher payouts as subdued earnings are unable to offset soaring inflation. …
EUR/GBP finds offers around 0.8470 ahead of UK GDP data Read More EUR/GBP has slipped lower after facing selling pressure around 0.8440. An unchanged German HICP at 8.5% has weakened the shared currency bulls. The US GDP is expected to remain vulnerable …
EUR/GBP finds barricades around 0.8440 as UK GDP hogs limelight Read More
A 50% Fibo retracement at 0.8463 is acting as a major barricade for the cross. An establishment in a bullish range (60.00-80.00) by the RSI (14) indicates bullish momentum. The …
EUR/GBP Price Analysis: Eurozone bulls struggle around 50% Fibo at around 0.8460 Read More EUR/GBP is eyeing an establishment above 0.8440 ahead of German inflation. As per the estimates, the UK economy shrunk by 0.2% in July. The odds of a rate hike by …
EUR/GBP sees upside above 0.8440 despite unchanged consensus for German HICP Read More
EUR/GBP is facing hurdles around 0.8440 as investors await Wednesday’s Germany HICP. The German inflation data is likely to remain unchanged at 8.5% annually. A vulnerable UK GDP data may …
EUR/GBP struggles around 0.8440 ahead of Germany’s HICP Read More EUR/GBP attracts some dip-buying on Monday, though the uptick lacks follow-through. The BoE’s gloomy economic outlook is behind the GBP’s relative underperformance. Recession fears act as a headwind for the euro …
EUR/GBP holds comfortably above 0.8400 mark, bulls await move beyond 200-day SMA Read More