Share: EUR/GBP maintains its upward momentum, trading at 0.8731, as it solidifies the 0.8700 level as a crucial support. The pair shows a bullish bias, but a failure to surpass the 0.8755 high could invite bearish activity. Key levels to watch include resistance at 0.8800 and 0.8834, with support at the 200-DMA of
Share: The Euro has stepped higher against the Pound Sterling for five straight trading days. The EUR/GBP briefly saw a fresh six-month high on Friday. Economic data has mixed for both the EU and the UK, but the market’s hat tip goes to the Euro. The EUR/GBP wraps up another trading week just
The EUR/GBP rallies for the fourth straight day in the mid-North American session, gains a minimal 0.08%, trading at 0.8724 after hitting a daily low of 0.8693. لینک منبع : هوشمند نیوز
Share: The EUR/GBP is backsliding into 0.8660 as Pound Sterling sees a Friday rebound. EU Retail Sales, UK GDP on the back half of next week’s economic calendar. GBP the big winner for Friday. The EUR/GBP is skidding towards 0.8660 as the market heads into the closing bell for the week, and the
Number of traders net-short has decreased by 15.01% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI EUR/GBP BEARISH 50.08% 49.92% 20.00% Daily 8.53% Weekly -20.35% Daily -15.01% Weekly -4.22% Daily -4.65% Weekly of clients are net long. of clients are net short. Change in Longs Shorts
Share: EUR/GBP falls from a 5-month high of 0.8754, currently trading at 0.8705. Eurozone inflation drops to 2.9% in October, while GDP for Q3 misses forecasts, contracting by 0.1%. The Bank of England is expected to keep rates unchanged at 5.25% on November 2, as traders priced in rate cuts towards the end
British Pound – GBP/USD and EUR/GBP Technical Outlooks Recommended by Nick Cawley Get Your Free GBP Forecast For all market-moving economic data and events, see the DailyFX Calendar The US dollar is caught in a small down draft, prompted by a sell-off in US Treasury yields. After hitting a multi-year high of 5.26% last week,
Share: EUR/GBP bottomed at a low of around 0.8695 and then recovered toward 0.8715. The EUR traded firm on Friday after the ECB’s decision on Thursday to hold rates steady. Focus now shifts to next week’s BoE decision on Thursday, which is also expected to hold rates steady at 5.25%. At the end
The EURGBP – a major cross-currency pair – has seen up-and-down price action today. The initial low found support near the low of a swing area and 0.86982. The subsequent move back to the upside took the price up to 0.8725 before rotating back down again to retest the low from earlier today. Now, the
Share: The EUR/GBP climbed to a fresh five-month high at 0.8740 on Friday, but the Euro bid proves short-lived. The Euro is set to close out Friday’s trading session in the red, but still sees green for the week against the Pound Sterling. Next week sees EU & UK PMI double-header on Tuesday.
