EUR/GBP – Forecast and Analysis

GBP/USD Surges Above 1.2800, EUR/GBP Facing Major Hurdle

GBP/USD started a strong increase above the 1.2600 resistance and climbed above 1.2800. EUR/GBP is trading in a positive zone, but it is facing a major hurdle near 0.9130. Important Takeaways for GBP/USD and EUR/GBP The British Pound gained bullish momentum above the 1.2600 and 1.2700 levels. ...

GBP/USD and EUR/GBP: British Pound Signaling More Upsides

GBP/USD started a strong increase above the 1.2560 resistance and climbed above 1.2620. EUR/GBP declined steadily and it is now facing hurdles near 0.8965. Important Takeaways for GBP/USD and EUR/GBP The British Pound gained bullish momentum above the 1.2560 and 1.2600 levels. There is a key ...

Important Week Ahead for FX Traders

The week started on a strong food as the Euro is in strong demand – EUR/USD, EUR/GBP, EUR/CAD or EUR/AUD trade higher when compared with last Friday’s closing. With little or no news over the weekend, dynamics in the Euro pairs reflect the impact of the ECB’s crisis measures – PEPP and TLTRO ...

GBP/USD and EUR/GBP: British Pound Could Extend Losses Jun 2020

GBP/USD started a fresh decline below the 1.2450 support level. EUR/GBP climbed higher above the 0.9050 resistance and it is showing signs of more upsides. Important Takeaways for GBP/USD and EUR/GBP The British Pound declined steadily after it failed to stay above the 1.2500 support. There is ...

GBP/USD and EUR/GBP: British Pound Signaling More Losses

GBP/USD started a sharp downside correction after it rallied towards 1.2820. EUR/GBP is rising steadily and it might clear the 0.9000 resistance zone in the near term. Important Takeaways for GBP/USD and EUR/GBP The British Pound is declining and trimming gains from the 1.2800 resistance level. ...

GBP/USD and EUR/GBP: British Pound Could Rise Further

GBP/USD started a strong increase above the 1.2300 resistance zone and it could rise further. EUR/GBP is likely to dip further before it attempts a fresh upward move. Important Takeaways for GBP/USD and EUR/GBP The British Pound gained traction and rallied above the 1.2350 level. There is a key ...

GBP/USD and EUR/GBP: British Pound Could Continue To Struggle

GBP/USD started a major decline and broke the 1.2180 support zone. As a result, EUR/GBP gained traction and rallied above the 0.8850 resistance area. Important Takeaways for GBP/USD and EUR/GBP The British Pound started a significant downtrend from well above 1.2400. There is a crucial bearish ...

GBP/USD and EUR/GBP: British Pound Remains At Risk

GBP/USD topped near the 1.2640 level and started a fresh decline below 1.2550. EUR/GBP is showing positive signs and it could rise further above 0.8800. Important Takeaways for GBP/USD and EUR/GBP The British Pound struggled to stay above 1.2600 and it declined below the 1.2500 level. The bears ...

GBP/USD and EUR/GBP: British Pound Could Extend Losses

GBP/USD is currently struggling to clear the 1.2500-1.2520 resistance area and it could extend its decline. EUR/GBP might correct higher towards 0.8720 or 0.8750. Important Takeaways for GBP/USD and EUR/GBP The British Pound formed a swing high near the 1.2645 before starting a fresh decline. ...

GBP/USD and EUR/GBP: British Pound Correcting Gains

GBP/USD is currently correcting gains from the 1.2475 resistance area. Similarly, EUR/GBP is correcting higher and it could recover towards the 0.8950 level. Important Takeaways for GBP/USD and EUR/GBP The British Pound traded close to the 1.2500 resistance area, where the bears emerged. There ...

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