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...
Share: EUR/GBP sees a significant bounce from YTD lows, climbing 70 pips and gaining 0.72%, spurred by rising EUR/USD. A bullish engulfing candlestick pattern indicates the...
Share: UK employment data drive EUR/GBP lower, as BoE’s hike expectations increased. Following a bearish engulfing pattern, the pair could test the 0.8500 mark and below....
Share: EUR/GBP is making efforts for a range extension towards the north ahead of Andrew Bailey’s speech. An economic indicator that could create more troubles for...
Share: The EUR/GBP traded in the range of 0.8554-0.8521 and is set to close a 0.50% weekly loss on Friday. Lower British yields weakened the made...
Share: EUR/GBP peaked at a daily high of 0.8575 (20-day SMA) and then retreated to 0.8550. German, French and Spanish HCOB Services PMIs from June showed...
Share: EUR/GBP has faced pressure around 0.8575 as UK Services PMI has matched expectations. The UK economy is facing issues of labor shortages due to Brexit...