gumenie_xl

EURGBP Correction in progress

gumenie_xl Updated   
FX:EURGBP   Euro / British Pound
EURGBP is in correction at the moment.
UK has better vaccination ratio than Europe.
Merkel thinks they should extend lockdown until end of February in EU.
BOE commity suggested possible negative rates and next meeting is on 18th of March.

I think we will get this correction and one more move down before mid March.
Comment:
Positive news - EU and US will talk next week about temporary tarrif removal on $18 billion worth of goods.
This could boost euro higher.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.