Markets

EUR/GBP (Euro to Pound) Forecast

0.8658
12:56:38(GMT)
-0.0009
(-0.1%)*Daily Change
Christopher Lewis
8 hours ago

EUR/GBP Forecast January 19, 2017, Technical Analysis

The EUR/GBP pair initially rallied on Thursday, but shows signs of exhaustion above. I think that the market will probably favor the downside, but we do have a lot of noise underneath that could cause a bit of a bounce. Ultimately, I think you’re going to get a lot of volatility when it comes to … Continue reading EUR/GBP Forecast January 19, 2017, Technical Analysis

Christopher Lewis
yesterday

EUR/GBP Forecast January 18, 2017, Technical Analysis

The EUR/GBP pair fell massively during the session on Tuesday, as the British pound shot higher after the Theresa May speech during the day. Ultimately, this is a market that will more than likely find support below though, but with the massive red candle, I believe that it may be a couple of sessions before … Continue reading EUR/GBP Forecast January 18, 2017, Technical Analysis

Christopher Lewis
2 days ago

EUR/GBP Forecast January 17, 2017, Technical Analysis

The EUR/GBP pair gap tire at the open on Monday, and then turned around to fall and try to fill that gap. It looks as if we are breaking out to the upside now though, so some type of support candle should send this market reaching towards the 0.89 level above where I see resistance. … Continue reading EUR/GBP Forecast January 17, 2017, Technical Analysis

Christopher Lewis
5 days ago

EUR/GBP forecast for the week of January 16, 2017, Technical Analysis

The EUR/GBP pair broke higher during the week, and more importantly broke above the 0.87 handle. If we can clear the top of the candle for the week, the market should continue to go higher, perhaps reaching towards the 0.90 handle. The market looks as if it is ready to continue the bullish trend, and … Continue reading EUR/GBP forecast for the week of January 16, 2017, Technical Analysis

Christopher Lewis
5 days ago

EUR/GBP Forecast January 16, 2017, Technical Analysis

The EUR/GBP pair rallied during the session on Friday, but found a bit of resistance above. Ultimately, the market found a shooting star being printed, and then of course suggests that the sellers could be involved. However, there is a significant amount of support just below, so I’m not willing to sell this market until … Continue reading EUR/GBP Forecast January 16, 2017, Technical Analysis

Christopher Lewis
6 days ago

EUR/GBP Forecast January 13, 2017, Technical Analysis

The EUR/GBP pair initially fell on Thursday but turned around to form a supportive candle. We broke above the 0.87 level, but not above the shooting star from a couple of sessions past. Because of this, I’m going to wait until we break above that shooting star to go long. The meantime, we form an … Continue reading EUR/GBP Forecast January 13, 2017, Technical Analysis

Christopher Lewis
7 days ago

EUR/GBP Forecast January 12, 2017, Technical Analysis

The EUR/GBP pair went back and forth during the day on Wednesday, testing the 0.87 level again. This is an area that continues to show significant amounts of resistance though, so I believe it’s only a matter time before we break down. However, if we break above the top of the shooting star from the … Continue reading EUR/GBP Forecast January 12, 2017, Technical Analysis

Christopher Lewis
8 days ago

EUR/GBP Forecast January 11, 2017, Technical Analysis

The EUR/GBP pair broke out above the 0.87 level during the day on Tuesday, but found a massive amount of resistance above that level. By forming a very resistive looking and more importantly an exhaustive looking candle, it looks as if the sellers may return. If we can break down below the bottom of the … Continue reading EUR/GBP Forecast January 11, 2017, Technical Analysis

Christopher Lewis
9 days ago

EUR/GBP Forecast January 10, 2017, Technical Analysis

The EUR/GBP pair is testing a major resistance barrier in the form of the 0.87 level above, which breaking that would of course be a very bullish sign. At that point, I would anticipate that the market would then reach towards the 0.89 handle, and even possibly the 0.90 level. An exhaustive candle in this … Continue reading EUR/GBP Forecast January 10, 2017, Technical Analysis

Christopher Lewis
12 days ago

EUR/GBP forecast for the week of January 9, 2017, Technical Analysis

The EUR/GBP pair initially fell during the week but turned around to show signs of support. The market has quite a bit of resistance at the 0.87 level above, and as a result I think the sellers could come back at that level. However, if we break above the 0.87 level, the market should then … Continue reading EUR/GBP forecast for the week of January 9, 2017, Technical Analysis

Christopher Lewis
12 days ago

EUR/GBP Forecast January 9, 2017, Technical Analysis

The EUR/GBP pair rallied on Friday, as we continue to see a bit of bullish pressure. Ultimately, the 0.87 level above is resistive, but I think currently it’s the target of the market. Any rally at this point in time should be an opportunity to start selling, unless of course we can break above the … Continue reading EUR/GBP Forecast January 9, 2017, Technical Analysis

Christopher Lewis
13 days ago

EUR/GBP Forecast January 6, 2017, Technical Analysis

The EUR/GBP pair rallied initially on Thursday, but found a bit of exhaustion above. Because of this, I think that the sellers will return sooner, rather than later. An exhaustive candle has me shorting this market, and sending it down to the 0.85 handle. I’m not interested in buying until we break above the 0.87 … Continue reading EUR/GBP Forecast January 6, 2017, Technical Analysis

Christopher Lewis
14 days ago

EUR/GBP Forecast January 5, 2017, Technical Analysis

The EUR/GBP pair had yet another choppy day on Wednesday as the market seems content to hang about the 0.85 level. Currently, I don’t really see much in the way of a trading opportunity when it comes to this pair, as both currencies are struggling overall. As soon as we produce an impulsive candle, that … Continue reading EUR/GBP Forecast January 5, 2017, Technical Analysis

Christopher Lewis
15 days ago

EUR/GBP Forecast January 4, 2017, Technical Analysis

EUR/GBP traders had a volatile session on Tuesday, as we continue to bounce around the 0.85 handle. I believe that this market will continue to go sideways is both currencies have their own problems. I do believe in the longer-term negative story, but right now I don’t have anything compelling on this chart telling me … Continue reading EUR/GBP Forecast January 4, 2017, Technical Analysis

James Hyerczyk
16 days ago

EUR/GBP Monthly Technical Analysis for January 2017

The EUR/GBP sold off early in the month, but strengthened enough later to post a higher close in December. The price action was related to sudden shifts in the fundamentals. The Euro was weaker because of policy decisions by the European Central Bank while the price action in the British Pound was related to position-squaring … Continue reading EUR/GBP Monthly Technical Analysis for January 2017

Christopher Lewis
17 days ago

EUR/GBP Forecast January 3, 2017, Technical Analysis

The EUR/GBP pair fell on Friday, as we had gotten a little bit overextended. I see quite a bit of resistance just above and extending all the way to the 0.87 level, so selling it should continue to enter the market. We then could try to drop down towards the 0.83 handle, which I believe … Continue reading EUR/GBP Forecast January 3, 2017, Technical Analysis

Christopher Lewis
20 days ago

EUR/GBP Forecast December 30, 2016, Technical Analysis

The EUR/GBP pair had a positive session on Thursday, as we continue to see the market tried to rally. However, the 0.87 level above is the top of a very volatile section, so I believe it’s only a matter of time before the sellers come back and turn this market right back around. Because of … Continue reading EUR/GBP Forecast December 30, 2016, Technical Analysis

Christopher Lewis
21 days ago

EUR/GBP Forecast December 29, 2016, Technical Analysis

The EUR/GBP pair tried to rally at the open on Wednesday, but found enough resistance above to show stagnation again. Because of this, I feel that the sellers are going to get involved sooner rather than later, and trying to push this market down to the 0.83 level underneath. Ultimately, even if we break above … Continue reading EUR/GBP Forecast December 29, 2016, Technical Analysis

Christopher Lewis
22 days ago

EUR/GBP Forecast December 28, 2016, Technical Analysis

The EUR/GBP pair rallied on Tuesday, using the 0.85 level as a springboard. I still see quite a bit of noise all the way to the 0.87 level above, so having said that I think that signs of exhaustion will be selling opportunities in a longer-term downtrend. That should send the market looking for the … Continue reading EUR/GBP Forecast December 28, 2016, Technical Analysis

Christopher Lewis
26 days ago

EUR/GBP Forecast December 26, 2016, Technical Analysis

The EUR/GBP pair broke above the 0.85 level on Friday, but still faces quite a bit of resistance going forward. I think given enough time we will have an exhaustive candle above that we can start selling, following the longer-term downtrend. I have no interest in buying this market, and at the first signs of … Continue reading EUR/GBP Forecast December 26, 2016, Technical Analysis

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