EURGBP – Break Out Of Bearish Channel, CALL Option

H4 chart of EURGBP shows dynamic break out of bearish channel. Price came back to earlier bullish trend. Currently there is a correction, however...

GBP/USD above 1.25. Pound Bullish After Retail Data

February retail sales in the UK positively surprised markets. The final values strongly beat analysts' forecasts, which resulted in a significant strengthening of the...

EUR/GBP – Small Downward Trend, PUT Option

The H1 chart for EUR/GBP pair indicates a downward trend since mid-March. We are currently experiencing considerable upswings that test the upper edge of...

European Inflation is Approaching 2%. Core CPI Still Weak

At 11:00 markets got to know the final readings of the February consumer inflation for eurozone. The results comply with preliminary readings in terms...

Unicredit: Post-FOMC, pre-BoE trading

The USD crumbled across the board yesterday. Our interpretation of the market response to the Fed hike and communication is that investors believe that...

EURGBP – Fakey + Pin Bar On Daily Chart

On daily chart of currency pair EURGBP we recently witnessed a strong growth after rebound from the support area of 0.8420. On the other...

GBP Loses On Report From UK Labor market.

British ONS after 10:30 published February report from the local labor market. As far as the main indicator - claimant count - noted positive...

EUR/GBP – Weak Reaction on Resistance-CALL option

On chart H4 EUR/GBP shows that response of the supply on resistance which is determined by earlier peak is quite negligible. Price from early...

EUR/GBP – Broken Trend Line, CALL Option

Chart of H4 EUR/GBP indicates success of bulls which is the breaking of line connecting the last highs. After a short re-test the line...

EURGBP – in Long-term Trend

Brexit weakened GBP Starting from November 2015 EURGBP moves in an upward trend respecting bullish trend line. The weakening of GBP is influenced by June...

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