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0.7078 0.0009 (0.12%)
11:14:45 (GMT)
Bid 0.7078
Ask 0.7079
Open 0.7072
High 0.7092
Low 0.7062
 

Daily Technical Analysis

The EUR/GBP pair went back and forth during the course of the session on Tuesday, testing the 0.71 level for resistance, and the 0.7050 level for support. With that, the market looks like it’s still choppy and slightly negative, but...
The EUR/GBP pair initially fell during the day on Monday, but turned back around in order to form a nice-looking hammer. However, keep in mind that there was a banking holiday in the United Kingdom that of course affects liquidity...
The EUR/GBP pair initially tried to rally during the course of the session on Friday, but found far too much in the way resistance above and pulled back to form a shooting star. Because of this, the market looks as...
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Weekly Technical Analysis

The EUR/GBP pair fell hard during the course of the week, breaking the back of the hammer from the previous week. As we are closing at the 0.71 handle, we believe that it’s only a matter of time before this...
The EUR/GBP pair initially fell during the course of the week but found enough support below to turn things around and form a hammer. Because of this hammer, we believe that we are about to get a bounce towards the...
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Daily Fundamental Analysis

Analysis and Recommendations: The EUR/GBP dipped 10 points as the euro outpaced the pound in its declines. The pair is trading at 0.7086. There is a lack of economics data early in the week for the pound and the euro so...
Analysis and Recommendations: The EUR/GBP fell 11 points as the euro weakened on comments from Greek officials over the weekend. Greece has said that it will be unable to make its June 5th payment to the IMF and will default. The...
Analysis and Recommendations: The EUR/GBP gained 33 points as the pound declined and the euro remained flat. There was a lot of data hitting the wires today as well as speeches from Bank of England Carney and Mario Draghi. The pair...
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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 added 49 points to...
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More EUR/GBP Report

 
Global markets reacted on Tuesday to a broad range better than expected US economic data. Federal Reserve Chair Janet Yellen was clearer than ever on Friday that the central bank was poised to raise interest rates this year, as the U.S. economy was set to bounce back...
The EUR/GBP pair fell during the course of the session on Thursday, breaking down below the 0.7120 support level. Because of this, the market looks like it’s ready to continue going lower, and although the Euro itself looks like it’s getting a bit of a reprieve overall...
Analysis and Recommendations: The EUR/GBP edged down after a stellar retail sales report in the UK which sent the pound soaring. The euro was faced with a bit of mixed data that helped elevate the currency but not fight the gains of the pound. The pair is trading...