The EUR/GBP has steadily declined over the past trading days. The RSI and MACD are both suggesting that selling pressure is rising. Oversold conditions might prompt...
EUR/GBP retraced Monday’s sharp downward movements. The daily RSI and MACD signals a stabilizing selling pressure. The pair might extend its current sideways trend in the...
EUR/GBP consolidates Monday’s sharp downward movements. The RSI suggests oversold conditions but the MACD signals a stabilizing selling pressure. The pair might side-ways trade in the...
EUR/GBP extended its downtrend on Monday, declining by 0.50% to 0.8335. The breach below 0.8350 marked a low since April 2022. The RSI has entered the...
EUR/GBP is falling to its next downside target at the June 14 low. It is in a short and medium term downtrend with odds favoring a...
EUR/GBP trades with a mild bearish bias around 0.8475 in Friday’s early European session. Labour Party has won 337 seats in the parliamentary election, implying it...
EUR/GBP gains ground as the BoE dovish pause increased expectations for a rate cut in August. The Euro could struggle due to uncertainties surrounding the outcome...
Thursday’s Bank of England (BoE) statement and minutes suggested officials are getting closer to cutting interest rates, ING’s FX Strategist Francesco Pesole notes. August cut is...
EUR/GBP bounced from near-term lows to cross 0.8450. BoE keeps rates on hold, cites still-tight labor market and tricky inflation. Friday to wrap up the trading...
The Bank of England (BoE) will keep the Bank Rate unchanged at 5.25% and the first 25-basis-point cut isn’t expected until August, says Kirstine Kundby-Nielsen, FX analyst...
EUR/GBP is climbing on Friday after a dip to the 0.8400 handle. ECB soothing talking points are helping to recover sentiment, but only slightly. BoE rate...
EUR/GBP appreciates as Eurozone Manufacturing PMI increased to 47.3 in May, the highest reading since March 2023. ECB is expected to deliver a 25-basis point rate...
EUR/GBP rose sharply on Friday at 0.8531, notching a 0.26% gain. Inflation data from the Eurozone, both headline and core HICP, exceeded the forecasts. A cut...
EUR/GBP rebounds to 0.8530 as ECB Schnabel doubts over rate cuts in July. The Euro has strengthened due to strong preliminary Eurozone PMI data for May....
EUR/GBP has declined to support from a cluster of Moving Averages. The pair has reached a pivotal level within a range that has been unfolding since...
EUR/GBP loses ground around 0.8595 in Friday’s early European session. The UK economy is officially out of recession after reports showed the GDP grew by 0.6%...
EUR/GBP trades on a stronger note for three straight days near 0.8605 on Thursday. The BOE is anticipated to keep its main interest rate at a 16-year high of 5.25% at its May meeting on...
EUR/GBP snaps the five-day losing streak near. 0.8535 in Tuesday’s early European session. German Retail Sales climbed 0.3% YoY in March, compared to a decline of...
EUR/GBP received downward pressure after the mixed UK PMI data released on Tuesday. ECB Vice President Luis de Guindos stated that the central bank plans to lower interest...
EUR/GBP is in a sideways trend that has lasted for three months. This trend is expected to extend, but at what point would a breakout from...