GBP/EUR has fallen for two consecutive days and if it posts another red down day on Friday 9 that will form a pattern called ‘Three Black Crows’ which is a bearish predictor.
September 12,2016
The Euro is in focus today as the European Central Bank deliver their latest monetary policy changes.
September 22,2016
The EUR/GBP pair has started falling due to the pound being supported by recent data, where to now for EUR/GBP?
September 8,2016
“GBP has recovery potential from here as post-Brexit data have come in stronger than
anticipated.”
September 8,2016
Morgan Stanley is maintains a bullish stance on the single currency only days before the ECB Governing Council meeting.
September 7,2016
The British Pound has recovered from multi-year lows set in August at around 1.1475 to back above 1.19 at the time of writing.
September 7,2016
The UK is a major destination for German exports and the falling exchange rate and Brexit-induced uncertainty is forecast to make a notable dent on German growth.
September 6,2016
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