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EURGBP - China trade tensions keep investors cautious
We need a move above 1.3070 to stabilise. EURGBP – the recent range highs at 0.8680 remain a key resistance area, with a break targeting 0.8720. While below the risk is for a drift back down towards ...
EURGBP Looks To Extend Gain On Price Reversal
EURGBP looks to extend gain on price reversal following its strong rally the past week. On the downside, support stands at the 0.8600 level where a violation will turn focus to the 0.8550 level. A ...
EURUSD outlook still points higher on recovery
He provides full coverage of the forex market with specific daily focus on 7 currencies (EURUSD, GBPUSD, USDJPY, EURGBP, EURJPY, AUDUSD and USDCAD) and the Dollar Index utilizing various technical ...
EUR/GBP At HFT Selling Zone!
Analysis of the trading activity on HFT algorithms this morning shows that the EURGBP currency pair has reached the light HFT selling pressure zone which is noted at 0.8639 and above. Bearish trading ...
GBPUSD makes new session high. Looks toward 200 hour MA.
EURGBP moves lower, helping the GBPUSD in the process. The GBPUSD is moving higher and trades at a new day high. The pair moved above its 100 day MA earleir today and then a trend line and more ...