Tag: EURGBP
EURGBP – on the 3-months low
Since mid-October EURGBP moves in a downward trend. Trend is set by downtrend line led after the highs. Currently this trend line is at...
EURGBP moves towards 0.6940
In the previous analysis, I wrote: "If support at 0.7200 has been permanently broken the goal of falls will be the level of 0.6940....
EURGBP – landscape after ECB meeting
ECB chief Mario Draghi surprised the markets as indicated by the reaction of all the euro currency pairs. The ECB will block all EUR...
EURGBP – flag formation suggests the direction of movement
Since September 29 EURGBP moves in a downward channel. The upper limit of the channel was already tested three times. Lower limit of the...
EURGBP – the appropriate breakout of the triangle up
On September 21 was a break below the triangle. However already the first support on 0.7200 mobilized bulls to buy and on next day...
EURGBP breakout of the triangle with a range of 0.7060 decline
For a month EURGBP moves in a shape of downward triangle. This formation promises falls and it is in line with long-term downward trend....
EURGBP – weakened bulls and fundamentals confirm the possibility of falls
Since three weeks price moves in consolidation. Near resistance, which stops the upward movement is on 0.7400. Resistance was tested two times, so the...
EURGBP breakout from the consolidation will indicate the direction.
For more than a week EURGBP moves in consolidate between 0.7394 and 0.7260. Yesterday at the press conference ECB President Mario Draghi euro depreciated...
EURGBP breached out of the channel top and broke resistance on 0.7310
Last week the bulls on EURGBP first defeated the level 0.7165 and next 0.7220 to end the week at 0.7225. Today, with great momentum...
EUR/GBP – Correction and Further Losses
EUR/GBP (H4) broke below important support yesterday. Now it is moving in the direction of the key support, which marks the bottom of sideway...
