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0.7909 -0.0017 (-0.21%)
21:43:50 (GMT)
Bid 0.7906
Ask 0.7913
Open 0.7925
High 0.7937
Low 0.7906
 

Daily Technical Analysis

The EUR/GBP pair initially drifted lower during the session on Thursday, but the same area that has formed a hammer ended up forming enough bullish momentum to break out to the upside. However, we see plenty of bearish pressure above...
The EUR/GBP pair initially fell during the session on Wednesday, but as you can see found enough support just below the 0.79 level in order to form a bounce and more importantly, a hammer. The hammer of course is a...
The EUR/GBP pair had a very negative session on Tuesday, testing the 0.79 region for support yet again. We closed towards the very lows, and as a result we feel it’s only a matter of time before this market breaks...
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Weekly Technical Analysis

The EUR/GBP pair went back and forth during the course of the week, ultimately settling on a slightly negative candle. With that, it looks as if the 0.80 level will continue to be resistive, and because of this we feel...
The EUR/GBP pair bounce during the course of the week, but still is below the 0.80 level. That area is resistive, and as a result we are looking for some type of resistant candle in order to start selling yet...
More EUR/GBP Weekly Technical Analysis

Daily Fundamental Analysis

Analysis and Recommendations: The EUR/GBP eased by 6 points to trade at 0.7920 as disappointing German confidence data was released and the UK GDP met expectations.  German business confidence is down for a third month in a row amid ongoing concerns...
Analysis and Recommendations: The EUR/GBP climbed 22 points after UK retail sales missed expectations and Eurozone PMI in France and Germany printed on the positive side. The pair climbed to trade at 0.7922. German services activity expanded at the fastest pace...
Analysis and Recommendations: The EUR/GBP went on a roller coaster today after BBA mortgages slightly missed expectations and Bank of England minutes. The pair is trading at 0.7900 up by 8 points.  The euro hit an 8-month low against the dollar...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendations The EUR/GBP declined for the week...
Weekly Analysis and Recommendations The EUR/GBP ended the week at...
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More EUR/GBP Report

 
Friday morning is light on data with nothing due in Australia or New Zealand. Japan released inflation numbers this morning.  The Japanese yen was little changed against the dollar on the news, staying around 101.75 after hitting a one-week high of 101.82. Japan raised its sales tax to...
Analysis and Recommendations: The EUR/GBP tumbled 19 points as the euro tumbled as traders moved back to safety. The pound moved towards a two-year high against the euro   as hedge funds and speculators sold the single currency against the dollar and pound, betting euro zone monetary policy would...
The EUR/GBP pair went back and forth during the day on Monday, forming a little bit of a shooting star. The shooting star of course signals that we are going to continue to go lower. Ultimately, we feel that the market doesn’t run into significant support until...