EUR GBP 개요

Ichimoku Kinko Hyo EUR/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirming a bullish outlook. Fibonacci Levels  XAG/USD: Silver the last day shows a remarkably bullish momentum that send price at 61.8% retracement area. EU Mark...

Another weekend missed – another deadline missed. “Differences remain”. So, the pound dropped – here is what we have. Against the US dollar, it was at the highs of 1.36 as the weekend was rolling in. But the deal wasn’t being rolled into the negotiations table, so the optimism left. As did GBP/USD: ...

EUR/USD: decade’s end The year 2020 started with the EUR/USD touching the bottom of 1.08 as it was making the way for the downtrend through the entire 2019. After a fierce shock easily visible as heavy fluctuation in February-March, the pair reversed and started actively marching upwards. Eventually...

The British pound is under the pressure of the Brexit outcome. The EU-UK talks continue without any development. Since the deadline of the year-end is getting closer, analysts expect that either this or the next week both sides will come to a conclusion. If the agreement is reached, the GBP will ris...

Let’s just sort out what’s happening in the UK. With Brexit - almost nothing. Just another week passed – the one that was supposed to be decisive. Fisheries, the level playing field, and accord enforcement – none of those key sectors of negotiation saw any progress. With Boris Johnson – really not s...

Let’s have a detailed technical look at EUR/GBP from a strategic point of view. Since the beginning of the year, EUR has been gaining value against the GBP. When the virus came, in March, it was pushed out of balance but in the next month it was already back to the same upward trajectory. That, by t...

Brexit is stalled, but both the EU and the UK express hopes for a successful resolution. These hopes recently sparked an aggressive spike the GBP went on against the EUR and the USD. What’s the technical outlook? GBP/USD As surprising as it may sound, those strong moves don’t introduce any change in...

While the Brexit talks are going at minimum speed and the time is running away, EUR/GBP offers interesting layout to trade. On the H4 chart below, you will see that since the middle of September, the pair has been slowly descending from the heights above 0.92 to the current area above 0.91. At the m...

Fundamental Brexit goes hard. Boris Johnson’s position is “if the UK sees no possibility to make a deal with you by October 15, we will quite talks”. The EU’s position is “Ok, quit”. Both sides seem adamant to stick to their red lines and not cede an inch of the negotiation table. Or, better said, n...

The pound has slumped against other major currencies amid fears over the no-Brexit deal. More details have recently come out over EU-UK tensions. Let’s get into them straight away. What happened? The European Commission claimed on Thursday that it would give a deadline up to the end of September to ...

The British pound outperformed the euro and the US dollar after the better-than-expected PMI. However, Brexit deadlock pushed the GBP down. What happened? Firstly, the British PMI exceeded all expectations. It turned out 55.3 for Manufacturing PMI and 60.1 for Services. Moreover, earlier the EU PMI ...

The pair approaches the significant resistance at 61.8% Fibo level. Look for the breakout! Banks’ forecasts According to Rabobank, EUR/GBP may surge to 0.92. This movement can be caused by no-Brexit agreement. In addition, the combination of Brexit uncertainties and the COVID-19 economic damage may ...

EUR/GBP continues trading within an uptrend. The pair has managed to break above 0.9000 (38.2% Fibonacci retracement of the March-April decline) which now acts as support. The recent high is not confirmed by the Awesome Oscillator on the D1, so the pair may retrace to the 0.9030/00 area. Never the l...

Timeline June 12 The British authorities confirmed that December 2020 is the final deadline and cannot be extended. June 15 The UK PM spoke with the EU Commission President to mark the next steps of negotiations. June 29 – July 3 The EU and the UK chief Brexit negotiators meet in Brussels to (hopefu...

The way EUR/GBP bottomed around 0.8700, then rose above 0.8870 and jumped from the trendline support at 0.8910 shows that the pair possesses bullish momentum. The euro will be capable to rise to the 0.9070/0.9090 area if it manages to overcome the resistance at 0.9000 (38.2% Fibonacci of the 2020 de...

The British pound is hurt by concerns that Britain would reach the end of an 11-month transition period without agreeing a trade deal with the EU. EUR/GBP formed an interim bottom in the 0.8930 area and closed above the 50-day MA at 0.8490 on Monday. If the pair breaks above the 61.8% Fibo of the de...

Trade idea BUY 0.8905; TP1 0.8940; TP2 0.8965; SL 0.8890 Last week, EUR/GBP recovered from 0.8800 (the 61.8% Fibo retracement of the March-August advance) and 0.8835 (100- and 50-week MAs; 200-day MA). This area seems like strong support. In addition, on H4 the euro has already managed to recover ab...

Trade idea  SELL 0.8985; TP 0.8920; SL 0.9005 An attempt of EUR/GBP to break higher earlier this week has been rejected: the advance stopped at 0.9150. The pair has breached the previous bullish channel. It is now just above the key support of 0.9000 (38.2% Fibo of the March-August decline). The dec...

Trade ideas SELL 0.8900; TP 0.8840; SL 0.8920 SELL 0.8950; TP 0.8870; SL 0.8970 EUR/GBP fell despite the fact that the British pound got weakened by the news that Boris Johnson on Tuesday won the contest to be the next British prime minister increasing the odds of a no-deal Brexit. It happened as th...

Trade ideas SELL 0.8910; TP1 0.8890; TP2 0.8860; SL 0.8920 BUY 0.8935; TP 0.8960; SL 0.8920 EUR/GBP formed a candlestick with a long upper wick on W1 - a bearish sign. Daily Awesome Oscillator is going down. The pair formed a lower high and may slide to 0.8890 and 0.8860 (23.6% Fibo of May-June adv...