British Retail Sales Moderately Positive. How Reacts Pound?

At 10:30 am British Office for National Statistics (ONS) published report on changes in the level of retail sales in November this year. It...

Danske Daily: Fed hike and what next?

In line with expectations, yesterday the Fed hiked the target rate by 25bp to 0.50-0.75%. Focus quickly shifted to the updated dots, where the...

Good Data From British Labor Market. Mixed GBP

About 10:30 markets got familiar with data relating to the UK earnings and employment. The report looks really good and the majority of the...

British CPI in November Up. How GBP reacted?

About 10:30 markets got to know a number of readings from the UK mainly related to CPI and PPI. Although the results were strongly...

Morgan Stanley: Sell EUR/GBP

We think that a good way to express EUR weakness after the ECB meeting is to sell EUR/GBP. GBP has been helped by the...

EUR/GBP – Under Resistance – PUT Option

On H1 chart EUR/GBP continues downward trend. The last few hours is a flat correction. Currently price rebounded strongly from the resistance set by...

Societe Generale Technical Setups

ECB President Mario Draghi’s challenge at today’s Council Meeting is to broker a deal whereby he doesn’t disappoint market expectations of an extension of...

UK Industrial PMI Below Expectations. GBP Down

About 10:30 we met another industrial PMI readings according to IHS Markit - this time for the UK. Earlier, at 10:00 we informed about...

Is This The End of Falls On EURGBP?

EURGBP currency pair for almost two months is moving south as a result of what we have already achieved the area of support  levels...

EUR/GBP – under Resistance, PUT option

The pair EUR/GBP long time moves in a downward trend, making only minor adjustments. At the H1 chart we can observe such a correction,...

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