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0.7026 -0.0002 (-0.02%)
2:03:28 (GMT)
Bid 0.7024
Ask 0.7027
Open 0.7025
High 0.7029
Low 0.7015
 

Daily Technical Analysis

The EUR/GBP pair rose during the session on Friday, but pulled back at the 0.71 level to turn things back around to form a massive shooting star. Ultimately, the 0.70 level below should be supportive, but if we can break...
The EUR/GBP pair fell during the course of the session on Thursday, breaking down below the 0.70 handle. With fact, we believe that the market looks as if it is ready go higher. The candle that form for the day...
The EUR/GBP pair fell during the course of the session on Wednesday, as the Euro to get on the chin in general. With this, it appears that the market is heading down to the 0.70 level at the very least...
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Weekly Technical Analysis

The EUR/GBP pair went back and forth during the course of the week, testing the 0.70 level. With this, we are selling rallies, but recognize that this pair is a bit tight at the moment in order to trade from...
The EUR/GBP pair broke higher during the course of the week, testing the 0.71 handle. That being the case, the market looks as if there should be a significant amount of resistance above there, so therefore we are waiting to...
More EUR/GBP Weekly Technical Analysis

Daily Fundamental Analysis

Analysis and Recommendations: The EUR/GBP added 27 points to trade at 0.7035 as the pound eased and the euro climbed. The euro-area inflation rate held steady in July, highlighting the challenge facing the European Central Bank as it seeks to stoke...
Analysis and Recommendations: The EUR/GBP dipped 17 points to reach 0.7025 as the pound climbed and the euro eased along with market sentiment. Euro-area economic confidence hit a four-year high this month, boosted by relief Greece isn’t about to give up...
Analysis and Recommendations: The EUR/GBP dipped 4 points to 0.7079 as both currencies saw little action as traders were sidelined. Upbeat German business sentiment added fuel to the euro's fire on Monday, pushing the single currency to a two-week peak of...
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More EUR/GBP Report

 
Outlook and Recommendation The EUR/GBP added 22 points to 0.7030 as the euro recovered towards the end of the month as the Greek situation mellowed this month.  The path of the British pound (GBP) is one of relative performance, softening vs. the USD while climbing against its peers in...
The EUR/GBP finished lower in July and below a key long-term support angle, suggesting a strong downside bias. With the European Central Bank implementing quantitative easing and the Bank of England considering an interest rate hike before the end of the year, the interest rate differential and...
The EUR/GBP pair fell during the course of the day on Tuesday, as the market found a bit of resistance near the 0.71 level. With this, the market looks as if it is ready to pull back to the 0.70 level, which of course is a large...