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0.7905 -0.0013 (-0.16%)
10:02:32 (GMT)
Bid 0.7903
Ask 0.7907
Open 0.7919
High 0.7942
Low 0.7898
 

Daily Technical Analysis

The EUR/GBP pair went back and forth during the course of the day on Monday, essentially settling nothing in going nowhere. Ultimately, the markets look as if they are trying to figure out which way to go, and that the...
The EUR/GBP pair initially tried to rally on Friday, but then turned back around and fall later and test the 0.7925 region. However, we think that the real support is down at the 0.7875 level, and possibly even as low...
The EUR/GBP pair fell during the course of the day on Thursday, as the 0.8050 level offered enough resistance to turn the market back around. This has us thinking that the market is going to continue to consolidate in the...
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Weekly Technical Analysis

The EUR/GBP pair broke to the upside during the course of the week, but found the 0.8050 level to be far too resistive to hang onto the gains. Ultimately, we ended up forming a shooting star, and then it now...
The EUR/GBP pair tried to rally during the course of the week, but as you can see struggled at the 0.7875 level resulting in a shooting star. The shooting star of course is a bearish candle, but it was preceded...
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Daily Fundamental Analysis

Analysis and Recommendations: The EUR/GBP is trading at 0.7912 down by 17 points as the pound gathered a bit of momentum as housing prices printed better than last month. Sterling inched higher against the euro and the dollar on Monday, with...
Analysis and Recommendations: The EUR/GBP is basically flat today moving between small gains and losses to trade at 0.7959. Sterling is fundamentally a weak currency; the UK cannot persist with its currency account deficit and expect the currency to remain strong...
Analysis and Recommendations: The EUR/GBP battled to the finish today with the pound winning as the pair fell 43 points to trade at 0.7971. European leaders are in the midst of strained relations with France and Italy. Both countries are likely...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendations The EUR/GBP closed the week at...
Weekly Analysis and Recommendations The EUR/GBP is down 24 points...
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More EUR/GBP Report

 
Asian currencies are trading on a mixed note with respect to the dollar. No major economic data  is to be released today. Housing data from the US markets in the US session and are expected to improve, and if they do could support the markets in the North...
The EUR/GBP pair rose during the course of the day on Wednesday, testing the 0.8050 level for resistance. That being the case, the market looks as if it’s trying to break out but right now we feel that it’s very difficult on the Euro. That being the...
Analysis and Recommendations: The EUR/GBP eased by 15 points to trade at 0.7945 as the pound recovered after UK unemployment fell unexpectedly. The euro continued to fall as the eurozone looks headed towards a recession. UK unemployment fell by 154,000 in the three months to the end of...