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0.7072 -0.0065 (-0.91%)
19:21:18 (GMT)
Bid 0.7070
Ask 0.7074
Open 0.7020
High 0.7094
Low 0.7012
 

Daily Technical Analysis

The EUR/GBP pair went slightly higher during the course of the session on Friday, showing that there is some resiliency when it comes to the Euro. We believe that pullbacks will offer buying opportunities as long as we can stay...
The EUR/GBP pair did nothing during the session on Thursday, as the Forex markets in general are very quiet. We continue to hover right around the 0.71 handle, and with the Americans stepping away from the markets during the session...
The EUR/GBP pair went back and forth during the course of the day on Wednesday, testing the 0.71 handle. With that being the case, the market looks as if it is entering an area that could be a bit resistive...
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Weekly Technical Analysis

The EUR/GBP pair rallied during the course of the week, bouncing off of the 0.70 level. We believe that the 0.70 level is massively supportive, and quite frankly the market essentially going to try to reach towards the 0.74 level...
The EUR/GBP pair initially tried to rally during the course of the week, but turned back around to form a relatively negative candle. We are currently getting close to the bottom of the consolidation area, so we think the buyers...
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Daily Fundamental Analysis

Analysis and Recommendations: The EUR/GBP edged up a few points as both the pound and the euro gained today. UK services PMI printed well above forecast while Eurozone PMI met expectations. Eurozone retail sales beat expectations helping the euro to outperform. ...
Analysis and Recommendations: The EUR/GBP added 20 to 0.7098 as UK construction PMI soared but housing prices fell weighing on the pound while the euro recovered paying little attention to the Greeks. A defiant Prime Minister Alexis Tsipras urged Greeks on...
Analysis and Recommendations: The EUR/GBP dipped 3 points to trade at 0.7097 as both the pound and the euro declined. The pound declined after UK manufacturing PMI missed expectations while the euro tumbled on stress from Greece. Prime Minister Alexis Tsipras'...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendations The EUR/GBP ended at 0.7140 gaining...
Weekly Analysis and Recommendations The EUR/GBP took a big fall...
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More EUR/GBP Report

 
The currency markets in the Asian session showed no real rhyme or reason as traders booked profits and prepared for the US nonfarm payroll report due later today. The US dollar eased a bit off its highest level in a month. The greenback soared over the 96.50...
Outlook and Recommendation The EUR/GBP moved into July at the 0.71 price easing most of the month as the euro continued to decline on Greek drama. The pound soared most of the month but ended the month a bit down as traders worried about contagion from the Eurozone.  GBP...
The EUR/GBP pair fell slightly during the course of the day on Tuesday, as the market continues to bounce around the larger consolidation area. The 0.70 level below is massively supportive, just as the 0.74 level above is massively resistive. We believe that this market will continue...