EUR/GBP has taken a downturn, breaking below the nine-day EMA at 0.8539 level, indicating a short-term bearish trend. Despite this, the momentum indicator 14-day RSI suggests a bullish bias for
The EUR/GBP cross is showing signs of weakness around 0.8540 in today's European session, marking a 0.20% decline. This drop follows the release of mixed UK labor market data, with
The EUR/GBP pair has discovered a temporary support near 0.8550 during Monday's European session after a correction from a three-month high of 0.8625. Investors are closely monitoring the upcoming United
The recent 1 August rate cut by the Bank of England, coupled with significant position adjustments, has finally caused a change in the trend for EUR/GBP, according to ING’s top
The EUR/GBP cross continues its downward trend, nearing 0.8550 in early European trading on Monday. Speculation that the European Central Bank (ECB) will accelerate its rate cuts is weighing on
As the EUR/GBP pair continues to trade with mild losses around 0.8560 in the early European session on Friday, investors are keeping a close eye on the latest economic data
Title: EUR/GBP Hits Three-Month High as BoE Rate Cut Looms: What to Expect Next EUR/GBP reached a three-month high of 0.8623, signaling potential struggles for the Pound Sterling due to
As the world's leading investment manager, I bring you the latest insights from SG FX strategists on the EUR/GBP pair. After defending the lower limit of a multi-month channel near
The EUR/GBP cross experienced some selling pressure on Wednesday, pulling back from a three-month peak reached earlier this week. Despite this, spot prices have managed to recover slightly from the
EUR/GBP continues to challenge the 0.8600 level as markets pull back from the Pound Sterling. The race to the bottom intensifies as both currencies underperform following disappointing EU Retail Sales