EUR/GBP completes the correction. The price towards 0.87

The EUR/GBP pair is trading in a downtrend. The turn of the week brought a several-day correction, but this rebound did not have much...

Euro and British pound close to magic level – 13.01.2021

If we look at the chart of Europe's two most important currencies - the euro and the British pound - we can see that...

EUR/GBP – the vision of hard Brexit weakens the pound

  On Sunday at midnight, another theoretical deadline for concluding negotiations on a new trade agreement with the United Kingdom has passed. There have been...

EUR/GBP with space for declines

The EU summit at the weekend, which was also devoted to the trade agreement with the United Kingdom, has failed to deliver. Shortly afterwards,...

EURGBP – target: confluence of support – 28.07.2020

The EURGBP pair has been on an upward trend since early May. When we link the minima and maxima of this trend, an uptrend...

EURGBP – Head and Shoulders heralds declines – 08.07.2020

The EURGBP pair quotations since January 2019 are moving in a not-so-frequently seen chart pattern formed by two diverging trend lines shaped like a...

EUR/GBP – Response of demand on key support – 07.07.2020

The EUR/GBP exchange rate reflects from a clear support. The RSI indicator confirms the upward trend. The EUR/GBP pair has been corrected quite substantially and...

Post-Brexit questions

The new decade started only a few weeks ago and has already featured perhaps one of the...

EUR/GBP – a series of strong data from the UK – 06.02.2020

In view of the formal Brexit and recent economic readings, the situation on the EUR/GBP pair is starting...

EUR/GBP – awaiting the resistance breakout

The EUR/GBP pair quotations on the daily chart oscillate around the local resistance of 0.8580. The exchange rate has been recently...

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