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** EURGBP Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention.
The reason for a POSITIVE SENTIMENT in EUR is that the USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR...
#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. Also, even if BOE RATE HIKE, we were not able to see BOE's intervention.. The reason for EUR to have a POSITIVE SENTIMENT is that USD has been quite WEAK in recent weeks. But a good UP SIDE BIAS is coming for EUR now...
#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. The reason for NEGATIVE SENTIMENT in EUR is USD SELL. All MARKETS including STOCKS are UP due to MARKET RISK being ON. It affects the EUR in a big way.
- EURGBP can definitely go up to the SUPPORT LEVEL below. The reason...
#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is on the DOWN SIDE. The main reason for that is the NEGATIVE RISK SENTIMENT for EUR. The reason for NEGATIVE SENTIMENT in EUR is USD DEMAND. Due to MARKET RISK OFF, all MARKETS including STOCKS are DOWN. It affects the EUR in a big way.
- Definitely, EURGBP can fall to the SUPPORT LEVEL below. The...
- The EUR FEATURE currently stands at 1.0536 LEVEL. We will be able to see a slight UP TREND today compared to the previous days. The reason for this is that ECB has given a very HAWKISH CENTRAL BANK UPDATE. Stay tuned for more this week.
- Its price is slightly higher than EURGBP DYNAMIC S / R LEVELS. Also the GBP FEATURE stays at 1.2257 LEVEL. Therefore,...
- EUR FEATURE currently stands at 1.0759 LEVEL. We can see a slight UP TREND today compared to the previous days. The reason for this is that ECB has given a very HAWKISH CENTRAL BANK UPDATE.
Its price is slightly higher than EURGBP DYNAMIC S / R LEVELS. Also the GBP FEATURE stays at 1.2578 LEVEL. Therefore, most of the time the PRICE can be sold in the...
- EUR FEATURE currently stands at 1.0692 LEVEL. We can see a slight UP TREND today compared to the previous days. The reason for this is that ECB has given a very HAWKISH CENTRAL BANK UPDATE.
Its price is slightly higher than EURGBP DYNAMIC S / R LEVELS. Also the GBP FEATURE stays at 1.2588 LEVEL. Therefore, most of the time the PRICE can be sold in the...
- The EUR FEATURE currently stands at 1.0425 LEVEL. We can see a slight UP TREND today compared to the previous days. The reason for this is that ECB has given a very HAWKISH CENTRAL BANK UPDATE.
- Its price is above EURGBP DYNAMIC S / R LEVELS. Also the GBP FEATURE stays at 1.2222 LEVEL. Therefore, most of the time the PRICE can be sold in the form of a...
- There is not much important news today for EUR or GBP. But this week's LOW IMPACT for EUR, but some very important news will be released. So we definitely need to be vigilant about the EUR today.
- EUR FEATURE currently stands at 1.0592 LEVEL. We can see a very UP TREND compared to the previous days. This is because of the fact that ECB offers a very...
- There is not much important news today for EUR or GBP. But this week's LOW IMPACT for EUR, but some very important news will be released. So we definitely need to keep an eye on the EUR on Friday.
- EUR FEATURE currently stands at 1.0695 LEVEL. We can see a very UP TREND compared to the previous days. The reason for this is that ECB has given a very...
The pair is fluctuating in a neutral range in weekly timeframe
At a shorter time frame it is descending into an ending channel that has reached the bottom of the long neutral channel.
It seems that it can be a good range to buy according to RSI and MACD indicators.
Fundamentally, the euro seems to have weakened enough against the pound over the past year, and...
Today is not an important day for GBP. But CONSTRUCTION PMI DATA is due to be released today for GBP. It's the LOW IMPACT NEWS. But there is some significance. Also GERMAN FACTORY ORDERS and PPI m / m DATA will be released for EUR today. They are also HIGH VOLATILE but are very important INDICATORS.
- EUR FEATURE currently stands at 1.0921 LEVEL. We can...
