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EURGBP - Euro Setup: EUR/USD, EUR/GBP Ahead of ECB
The ECB will conclude its monetary policy meeting today and there is a bit of mixed emotions in the market this morning as recent comments from policy members have sparked some belief that the bank ...
Buy GBP/EUR At 1.1545 Say Credit Suisse, Long-term EUR/GBP Target Of 0.8300
We retain our Q3 view that the best trade location for selling EURGBP is around 0.8660.” (Buy GBP/EUR at 1.1545). The bank has a long-term EUR/GBP target of 0.8300. EUR/GBP held around 0.8585 on ...
Is ECB set to signal a taper?
Today’s European open looks set to be a negative one, on the back of yesterday’s weaker US close and weakness in Asia markets this morning. This leads us to today’s European Central Bank rate meeting ...
Sterling falls ahead of vote on new UK tax
Sterling fell for the third straight day on Wednesday, with the U.S. dollar broadly stronger and investors digesting the British government's announcement of a tax hike to fund health spending and ...
GBP/USD: Longs need stops below 1.3750
Longs need stops below 1.3750. A break lower should be a sell signal targeting 1.3720/10, perhaps as far as 1.3670/60. Longs at 1.3780/70 can target 1.3820/30. If we continue higher look for 1.3850/55 ...