Tag: eur/gbp

EUR/GBP is poised to continue in its consolidation

EUR/GBP is poised to continue in its consolidation

EUR/GBP declined to move above a crucial resistance 0.8850, suggesting it may continue downward to 0.8550.
EUR/GBP trades steady ahead of central banks combo

EUR/GBP trades steady ahead of central banks combo

It looks like a calm before the storm as traders await this week's BoE and ECB decisions.
EUR/GBP trades at significant support again

EUR/GBP trades at significant support again

A big battle rages on for the 0.87 support, with the winning side likely driving the next week's price action.
EUR/GBP stays above significant support

EUR/GBP stays above significant support

So far, the 0.87 support has held, offering some nice momentum for the bulls.
EUR/GBP highest since February 21

EUR/GBP highest since February 21

Both currencies are dropping like a stone against the USD, but it looks like the fall is more significant for the GBP, thus pushing EUR/GBP higher.
EUR/GBP remains near cycle highs following a barrage of UK/EU data

EUR/GBP remains near cycle highs following a barrage of UK/EU data

Volatility has been minimal on Friday, despite several important macroeconomic releases.
EUR/GBP advances to 9-mth highs after EU & UK econ data

EUR/GBP advances to 9-mth highs after EU & UK econ data

Sterling continues to decline as EUR bulls remain supported by somewhat hawkish ECB monetary policy outlook.
EUR/GBP consolidates on data-heavy day

EUR/GBP consolidates on data-heavy day

This morning, the UK's unemployment rate improved to 3.8% in the three months to February, from 3.9% previously.
EUR/GBP defends significant support

EUR/GBP defends significant support

As long as the 0.83 level holds, the market is likely to test the 200-day average near 0.8450.