EURGBP – Close To Trend Line, PUT Option

H4 chart of EURGBP shows that lately trend line connecting three last lows is respected perfectly. Currently price is moving in this direction and...

EUR/GBP – Head & Shoulders On D1. Neckline Defeated?

On daily chart, you can see that test of resistance at the round level of 0.8850 formed head of the formation of H&S. We...

European Inflation is Still the Main Target of ECB

According to the latest Eurostat report, in January the y/o/y inflation remained at 1.8% (in line with expectations and the initial publication). In relation...

EURGBP – In Direction Of Key Support, PUT Option

H4 chart of EURGBP shows correctional rebound from trend line. It looks like price is going in direction of support created by previous lows....

EURGBP – H&S Pattern on H1 Chart

Trading Inside Bars –under this heading you will find analysis made on  basis of one of the most known Price Action formation – Inside...

British Inflation At Highest Level In 3 Years. GBP… Disappointed?

After a period of low inflation thresholds seen practically all over the continent, in recent months we read mainly of increases in price dynamics....

Pound is Testing Friday Highs After Positive Data from the UK

The only relevant data from midday were British publications on several important indicators for December. Among them was included information on industrial production, factory...

BoE no change in PolMon. Inflation forecasts significantly weaken GBP

At 13:00 Bank of England (BoE) officially concluded meeting of the monetary policy, keeping interest rates and the level of the asset purchase program...

Better Data From Germany Affect EUR

Five minutes before 10:00 German Destatis published the latest calculations of the labor market. The data on the unemployment rate positively surprised. How to...

British Retail Sales Far Worse Than Forecast. GBP Reaction

Exactly at 10:30 we met the most important data this morning - a British report on changes in the level of retail sales. As...

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