Tag: EURGBP

EUR / GBP slides towards 0.9000 as anticipation of Brexit deal grows

EUR / GBP slides towards 0.9000 as anticipation of Brexit deal grows

EUR / GBP has fallen towards 0.9000 from 0.9100 amid hopes that a Brexit deal is about to be announced. Buyers have kept the pair supported above 0.9000 for now, but confirmation of a Brexit deal could lead to more sales. Amid reports that the EU and the UK are close to reaching a Brexit […]

British Prime Minister Boris Johnson will make a statement on the Brexit negotiations at 19:00 GMT

British Prime Minister Boris Johnson will make a statement on the Brexit negotiations at 19:00 GMT

British Prime Minister Boris Johnson will make a statement on the Brexit negotiations at 19:00 GMT. A barrage of speculation from the British and European press on Wednesday suggests a deal is about to be reached, and that an announcement could come tonight. Indeed, it seems likely that the purpose of Johnson’s statement, to be […]

EUR / GBP marks lows below 0.9100 before the pound’s recovery

EUR / GBP marks lows below 0.9100 before the pound’s recovery

The pound improves the tone before less restrictions towards the United Kingdom. Advances for Brexit are exciting, but the agreement has not yet arrived. He EUR / GBP is falling modestly on Wednesday, as the pound rallies in the market. The cross hit three-day lows at 0.9063, and is trading 0.9080 / 85. The European […]

EUR / GBP remains stable near daily highs, comfortable above 0.9100

EUR / GBP remains stable near daily highs, comfortable above 0.9100

A combination of factors helped the EUR / GBP regain positive traction on Tuesday. Lack of progress in Brexit trade talks kept GBP bulls on the defensive. A modest pullback in the USD contributed to the euro’s outperformance against the pound. The crossing EUR/GBP it maintained its bid tone during the mid-Europe session and updates […]

EUR / GBP cuts gains after hitting 0.9217

EUR / GBP cuts gains after hitting 0.9217

The pound among the worst performing currencies on Monday affected by several sides. EUR / GBP is more than a hundred pips above Friday’s close. He EUR / GBP started the week with a strong bullish tone and soared as stocks fell and the pound was weak. The price climbed to 0.9217, the highest level […]

EUR / GBP eyes turn to 0.9100 as Brexit talks remain stalled

EUR / GBP eyes turn to 0.9100 as Brexit talks remain stalled

EUR / GBP has been climbing towards 0.9100 on Friday, failing to sustainably push below 0.9000 this week. The weight of the British pound is a combination of Brexit concerns, the BoE’s dovish speech, and worsening Covid-19 trends. Having failed to sustainably stay below the 0.9000 level on Wednesday and Thursday, the EUR/GBP is on […]

EUR / GBP falls back to daily highs at 0.9030 on news that the UK says Brexit negotiations are in a ‘dire situation’.

EUR / GBP falls back to daily highs at 0.9030 on news that the UK says Brexit negotiations are in a ‘dire situation’.

The UK appears to be publicly pressuring Brussels to engage on the fisheries issue in the Brexit negotiations. EUR / GBP has risen again towards the highs of the day at 0.9030 as a result. He EUR/GBP has returned to the day’s highs at 0.9030 in recent trading following a negative statement from the UK […]

Vulnerable below 0.9000, two-week lows

Vulnerable below 0.9000, two-week lows

EUR / GBP fell to more than two-week lows amid strong buying around the British pound. The setup favors bearish trading and supports the prospects for further weakness. Recovery attempts could remain limited near the break point of the 0.9050 confluence support. The crossing EUR/GBP It weakened further below the 0.9000 psychological level and fell […]

EUR / GBP extends fall below 0.9000 on expected agreement and before BoE

EUR / GBP extends fall below 0.9000 on expected agreement and before BoE

The pound again of the best performing in the market in anticipation of Brexit. EUR / GBP tests last week’s bottom at around 0.8980. He EUR / GBP is falling on Thursday after a slight rise on Wednesday and is trading at 0.8985, the lowest level in a week. It is testing the low of […]

EUR / GBP sets new weekly lows below 0.9000 as Brexit deal advances

EUR / GBP sets new weekly lows below 0.9000 as Brexit deal advances

The pound marks highs throughout the market before the possibility of some kind of agreement for Brexit. EUR / GBP testing 0.9000, with the bearish bias reinforced. The pound continues to be fueled by speculation, rumors and news pointing to a possible agreement between the European Union and the United Kingdom. Given this, the EUR […]