Against the euro, the pound fell more than 2 percent to 90.23 pence <EURGBP=D4>, its lowest in almost seven years ... Before Friday's events, forecasts for the bottom of the pound's fall had generally been around $1.20-1.25, with the …
The EURGBP pair is expected to test the support level of the 76.4% Fibonacci retracement taken from 0.8746 to 0.9032 at 0.8813. A breakdown below this level could take price to test next support level at 0.8746. Below 0.8746 level will …
Our today’s example is the EURGBP, where the ECB movement allowed to break the upper line of the wedge but the appreciation was quickly stopped and finally resulted in the creation of the false breakout pattern (yellow). Let’s start …
EURGBP bounces from the ultra-important support on the 0.875 and aims higher breaking the mid-term down trendline and coming back above the long-term up trendline. That should be perceived as bullish and the potential target for this …
To maximize the decline of the Euro, today we will be pairing the currency against the Great British Pound (GBP) The EURGBP currency pair can be attractive to currency pairs because it can offer strong trends without the added volatility …
BTMU FX Strategy Research maintains its tactical bullish bias on GBP in light of the recent progress on the on the settlement of the so called 'divorce bill'. "The pound is poised at a key technical pivot point against the euro which could …
US stock futures gained in early pre-market trading, ahead of home sales data. Data on new home sales for January will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average surged 29 points to 16,216.00, while the …
It was a short Summers, Charlie Brown. Stock futures are just a shade higher after the S&P 500 /quotes/zigman/3870025 SPX pushed to a near-record Monday on news that Larry Summers took his name out of the running for the top Fed job …