TradingView
ezadamir
May 29, 2022 10:23 AM

EURGBP | Bearish Insight Short

EURO / BRITISH POUNDICE

Description


Macro Headwinds Alert
  • Macroeconomic conditions (activity and inflation gauges) have improved substantially. However, this security often underperformed in this environment as inflation fears and interest rates begin to rise



  • Economic Growth indicators for the UK economy <UK> near highs. Historically, this led to a median decrease in EURGBP future price of -2.53% over the following 6M



  • United Kingdom Composite Markit New Orders PMI above 58.4
More