The euro remains negative on the day, capped below 0.8700. The Sunak effect keeps supporting the pound’s rally. EUR/GBP expected to appreciate towards 0.9000 – SocvGen....
EUR/GBP rebounded at the 50-day Exponential Moving Average (EMA), as buyers eye 0.8800. UK’s upbeat political news briefly underpinned the British Pound, though it retraced its...
EUR/GBP recovers a few pips from the daily low, though lacks follow-through. Looming recession risks weigh on the euro and act as a headwind for the...
EUR/GBP is playing around the immediate hurdle of 0.8700 after a firmer rebound. The chances of a 75 bps rate hike announcement by the ECB look...
Goldman Sachs (GS) appears cautiously optimistic over the European Central Bank’s (ECB) next move while turning more pessimistic over the UK’s economic transition, as per the...
Euro recovery from the 0.8600 area extends past 0.8700. The pound weakens after PM Truss sacks her finance minister. EUR/GBP faces resistance at 0.8750 and 0.8865....
The euro dips below 0.8700 to hit 5-week lows near 0.8600. Rumors of a U-turn on the UK tax plan boost the sterling. Longer-term, the pound...
EUR/GBP consolidates biggest daily gains in two weeks inside bullish chart formation. Reports that BOE could extend bond-buying triggered GBP’s immediate strength. 200-SMA adds strength to...
The euro breaks above 0.8800 to hit session highs at 0.8855. Bailey announces the end of the emergency support program and the pound plunges. BoE governor...
EUR/GBP drops below the 20-day EMA, aiming to extend the downtrend towards 0.8700. If the EUR/GBP breaks below 0.8744, it will expose crucial supports at around...
EUR/GBP drops below the 20-day as buyers’ momentum abate. The Relative Strength Index (RSI) pierced the 50-midline but is almost flat. The EUR/GBP 4-hour chart portrays...