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The EURGBP created a Hammer candle low on Tuesday (September 6) at 0.8332 from the recent high (August 12) at 0.8723. Two strong up days last week, through the 23.6 Fibonacci level and a touch of the 50 DMA and 38.2 Fib level spiked my interest on Friday...
13 Sep 2016HotForex
Although the euro and pound both suffered massive hits as a result of last week’s Brexit decision, the euro has fared substantially better than sterling in the aftermath of Thursday EU referendum...
29 Jun 2016FOREX.com
EUR/GBP continued its sharp slide on Wednesday morning for the second consecutive day this week as the euro has generally remained in a prolonged slump and sterling has once again taken center stage as the star performer against other major currencies...
26 May 2016FOREX.com
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Eurozone Q4 GDP showed mild growth of around 0.3% Q/Q. Weak EU PMIs are putting some pressure on the EUR, while discouraging data is expected to continue from the Eurozone, which will keep ECB dovishness intact...
23 Feb 2016HotForex
Not surprisingly, the dramatic extension of the implied timeline for BOE tightening has driven EUR/GBP sharply higher, and based on the chart, this trend coul stretch further...
10 Feb 2016FOREX.com
By far the biggest FX development over the two weeks was ECB President Draghiâ€™s unexpectedly dovish press conference, which hinted heavily at a likely expansion of the central bankâ€™s quantitative easing (QE) program come December...
30 Oct 2015FOREX.com
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