FXTM

EURGBP – Pound Gains After Conservative and DUP Party’s Agreement

EURGBP on H4 is in a bullish trend. After snap parliamentary elections, pound sterling weakened against Euro, resulting in a successful breakout of resistance...

EURGBP – Reaction to Resistance 0.8850

In less than 2 months bulls on EURGBP pair managed to lead the price from key support 0.8300 to key resistance in the region...

Retail Sales in Europe Slow Down. EUR Unimpressed

According to the latest Eurostat data, retail sales dynamics in euro area slowed down in April to 0.1% (forecast 0.2%) m/m. On annual basis,...

British Industrial PMI Up Again – GBPUSD, EURGBP

Industrial PMI for UK are the last morning reading of this index from Europe - another only in the afternoon. After very good results...

Harmonic Trading – EURGBP – Reaction to BAT Pattern

Trading based on harmonic formations largely depends on proper measurement of the Fibonacci retracement in relation to individual price movements. Description of all formations can...

Harmonic Trading – Bat Pattern on EURGBP

Harmonic trading is mainly a proper measure of price movements using Fibonnacci numbers. Harmonic patterns are formations of movement continuation. Thus, it is important that...

EUR/GBP on Monthly Highs After Data From Euro Area.

European investors at 11:00 have read series of macroeconomic readings from European economy - among them the most important are information on GDP forecasts,...

Morning Options: EUR/GBP – CALL, GBP/JPY – PUT

EUR/GBP - on H4 chart we see a breakout from bearish channel. Price also reached level of the last high. It seems that this...

Morning Options: USD/JPY – CALL, EUR/GBP – PUT

USD/JPY - after three days of correction price reached support which is the region of the previous high. On H4 interval you can see...

GBP Down After Morning Data

Although investors are waiting for 13:00 and the Bank of England meeting, in the morning we had some other data from the UK that...

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