Share: EUR/GBP pair drops to a new seven-day low of 0.8546, influenced by market expectations of a BoE rate hike and ECB’s unchanged stance. Technical analysis...
Share: EUR/GBP slips past 50 and 20-day EMAs, reflecting increased bearish sentiment, trading 0.14% below the opening. EUR/GBP’s breaking daily EMAs and one-month-old support trendline, deeper...
Share: The ONS has just released the July CPI data. Economists at MUFG Bank do not expect the British Pound (GBP) to enjoy substantial gains following...
Share: EUR/GBP extends its losses due to better-than-expected UK inflation figures. Eurozone moderate GDP numbers were not helpful to stem Euro’s weakness. Traders await UK Retail...
Share: Economists at ING analyze EUR/GBP outlook. The 0.8500 support is under threat The Sonia curve is fully pricing in a 6.0% peak rate in the...
Share: EUR/GBP extends gains as effect of downbeat UK economic data. German PPI declined significantly higher than anticipated in July. Traders seek fresh impetus, awaiting economic data...
Share: EUR/GBP touched a low of 0.8492 before bouncing back following weak UK PMIs. Economists at Société Générale analyze the pair’s technical outlook. Decline could extend...
Share: EUR/GBP rebounds from a YTD low of 0.8492 to trade at 0.8542, gaining 0.28%, but remains below crucial moving averages. The intraday outlook is neutral;...
Share: EUR/GBP holds positive ground near 0.8546 following the weaker-than-expected PMI data. The S&P Global Composite PMI for August came in at 47.9, below the expectation...
Share: EUR/GBP prints a new six-day high at around 0.8580, confluence with the 50-day SMA. Key resistance levels to watch include the 0.8600 figure, the August...
Share: Markets remain focused on upcoming announcements from the Fed Chair Jerome Powell and the ECB President Christine Lagarde. Economists at ING analyze GBP outlook ahead...
Share: US growth optimism is driving the Dollar higher. Therefore, Kit Juckes, Chief Global FX Strategist at Société Générale, expects EUR/USD and GBP/USD to remain vulnerable. ...
Share: EUR/GBP trades at 0.8585, testing the 50-day Moving Average at 0.8583, with a daily close above potentially targeting the 0.8600 level. Hourly chart shows an...
Share: EUR/GBP falls back as expectations of more interest rates from the ECB threaten the economic outlook. Eurozone inflation expanded in August due to the hot...
Share: EUR/GBP bulls failed to defend the 20-day SMA, and the cross fell near 0.8555. So far, the pair lost 0.50% since Wednesday. The daily chart suggests...
Share: EUR/GBP snaps two-day losing streak due to upbeat Eurozone inflation. Eurozone headline inflation rose by 0.6% against the expectations of 0.1% decline. Sterling Pound traders...
Share: EUR/GBP remains sidelined after declining the most in two weeks the previous day. ECB hawks retreat as Eurozone, German PMIs slump to multi-month low. UK...
Share: EUR/GBP fails to break decisively above the 100 and 200-day EMAs at 0.8664 and 0.8679, respectively, after hitting a two-month high at 0.8700. If EUR/GBP...
Share: EUR/GBP consolidates within a tilted downward bias, with key support at 0.8504. The pair’s bullish turn hinges on a 0.8600 breach, testing the 50-day EMA....
Share: EUR/GBP has dropped sharply from 0.8570 despite UK’s weak factory data. Signs are clear that UK firms are facing the burden of higher interest rates...