EUR / GBP witnessed strong selling for the second day in a row on Tuesday. The British pound is supported by renewed hopes for a last-minute Brexit deal. The appearance of new sales around the euro exacerbates the downward pressure. Buying interest around the British pound has accelerated during the European session on Tuesday and […]
Tag: EURGBP
EUR / GBP capped below 0.9050, dips below 0.9000
EUR / GBP dips from 0.9050 and returns below 0.9000. The pound appreciates against the euro as appetite for risk increases. The euro’s bid to rise was limited to the 0.9050 zone again on Monday before retreating, extending its slide below 0.9000 with the GBP appreciating after news of the Pfizer vaccine. GBP Appreciates COVID-19 […]
EUR / GBP falling attempts are contained above 0.9000
EUR / GBP cuts Thursday’s losses after bouncing off 0.9000. The pound is down with Brexit and a dovish BoE. The euro’s bearish reversal from the highs of 0.9065 on Thursday has not been tracked below 0.9000 and the pair regained ground lost on Friday to close the week slightly higher. BoE and Brexit continue […]
EUR / GBP cuts gains back to 0.9000 zone
EUR / GBP rally capped at 0.9065, returns to 0.9000. The pound recovers after the monetary policy decision of the Bank of England. The rebound of the euro From the low of 0.8945 it hit resistance at the 0.9065 area in the European session on Thursday and the pair has traded lower since then, returning […]
EUR / GBP rises strongly for the second day and returns to 0.9050, after finding support at 0.9000
Bank of England increases QE and British government extends aid to companies for wages. Euro gains momentum with the EUR / USD rally. The EUR / GBP is rising strongly for the second day in a row, although it has moved away from the highs in recent hours. The price climbed to 0.9068, the highest […]
EUR / GBP bounces and rises to test levels above 0.900
EUR / GBP cuts Tuesday’s losses and returns above 0.9000. The pound remains weak with the Brexit negotiations stalled. EUR / GBP: Bearish pressure builds for a test of 0.8913 – Credit Suisse. The euro It has rebounded from session lows at 0.8945 in early trading on Wednesday and is reversing Tuesday’s decline against a […]
EUR / GBP turns lower and extends losses below 0.9000
EUR / GBP resumes its downtrend and breaks below 0.9000. The pound appreciates due to a climate of risk appetite in the market. GBP backed by hopes of a Brexit deal. The euro has resumed its downtrend, and the British pound appreciated against its major peers on Tuesday. The pair has broken below the 0.9000 […]
EUR / GBP remains positive with downside attempts contained above 0.9000
EUR / GBP is still slightly positive, supported above 0.9000. The announcement of the second lockdown in the UK weighs on the pound. On the bright side, hopes for a Brexit deal are underpinning GBP crossovers. The euro found support at 0.8995 earlier on Monday, following a bearish reaction from intraday highs at 0.904. The […]
EUR / GBP returns part of the initial gains and falls back towards the 0.9000 region
The EUR / GBP gained some traction on Monday in reaction to the new COVID-19 lockdown in the UK. Euro bulls refrain from opening aggressive positions due to pessimistic expectations from the ECB. The crossing EUR/GBP has returned some of its initial gains near the 0.9050 region and has now returned to the lower end […]
EUR / GBP falls below 0.9000 to hit eight week lows
EUR / GBP falls to eight week lows below 0.9000. A dovish ECB and COVID-19 have sent the euro down 0.8% this week. The pair is testing an important support level at 0.9000. The euro has extended its decline from week highs near 0.9100, hitting levels below 0.9000 for the first time in nearly two […]