Markets

EUR/GBP - Euro to Pound

0.8525
(GMT)
0.0017
(0.2%)*Daily Change

TECHNICAL SUMMARY

BUYMoving Averages
BUYTrend Indicators
NEUTRALNumeric Indicators
NEUTRALVolatility Indicators

LIVE CHART

LATEST NEWS

4 hours ago

Pound Gets Pounded as Rumors Abound

Since today morning, the pound seems to be under a lot of stress as it gets hit from all sides and in fact, looks very weak and vulnerable to get hit even more as the hours and days tick by. The reason for the woes of the pound are the rumors surrounding the referendum in … Continue reading Pound Gets Pounded as Rumors Abound

11 days ago

Analysts are Deeply Divided over The British Pound

The British pound is trading slightly higher today as analysts are divided on the direction of the British currency as we approach the triggering of article 50, the time when Britain begins proceedings to leave the European Union. British Prime Minister Theresa May has promised the citizens of the UK that article 50 will be invoked no … Continue reading Analysts are Deeply Divided over The British Pound

13 days ago

Grexit is The New Brexit

On February 7th the IMF board held a consulting meeting concerning the evaluation of the extended fund facility given to Greece from 2012. Disappointing outcomes caused temproray turmoil in the Euro and other derivatives. How to draw the lessons from the IMF announcements about Greece, and trade in efficiency during the similar times – this … Continue reading Grexit is The New Brexit

Pound slumps by Brexit fears
2 months ago

Brexit Noise and The Pound Slump

Asian markets were certainly not impressed this morning with the noise from the UK over the weekend. The British Prime Minister was interviewed over the weekend by Sky News and the comments were suggestive of a likely shift away from a soft-Brexit, which has, together with solid economic data out of the UK, continued to … Continue reading Brexit Noise and The Pound Slump

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LATEST FORECASTS

Christopher Lewis

EUR/GBP forecast for the week of February 27, 2017, Technical Analysis

The EUR/GBP pair fell during the course of the week, showing signs of negativity. However, we did find enough support underneath to turn things around. A break above the 0.5 level should send this market higher, but if we can make a fresh, new low then the market will probably fall apart. In fact, if … Continue reading EUR/GBP forecast for the week of February 27, 2017, Technical Analysis

Christopher Lewis

EUR/GBP Forecast February 27, 2017, Technical Analysis

The EUR/GBP pair rallied during the day on Friday, as we continue to see a lot of choppiness. I believe that we are gradually grinding our way to the downside, so at signs of exhaustion, I am willing to sell this pair. I think that the 50-day exponential moving average, pictured in red on my … Continue reading EUR/GBP Forecast February 27, 2017, Technical Analysis

Christopher Lewis

EUR/GBP Forecast February 24, 2017, Technical Analysis

The EUR/GBP pair initially tried to rally during the day on Thursday, testing the 0.85 level. That’s an area that has a lot of interest in it, so I think that the market should continue to drift lower. However, this is a very choppy market and it makes quite a bit of sense that prudent … Continue reading EUR/GBP Forecast February 24, 2017, Technical Analysis

Christopher Lewis

EUR/GBP Forecast February 23, 2017, Technical Analysis

The EUR/GBP pair initially fell on Wednesday, but found enough support to turn things around to form a hammer. The hammer of course is a bullish sign, so I think we could get a bit of a bounce from here. However, we are starting to make lower lows, so I believe that somewhere near the … Continue reading EUR/GBP Forecast February 23, 2017, Technical Analysis

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