EUR/GBP Eyes Mid-Week Releases, ECB Talk, UK GDP

EUR/GBP Eyes Mid-Week Releases, ECB Talk, UK GDP

EUR/GBP currently trades either side of the Fibonacci 50% retracement level and the next move is likely to be decided by events and releases due in the latter part of the week.
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Analyst Picks

James Stanley

James Stanley   

Currency Strategist

Currency Pair:  Bullish EUR/GBP
Expertise price action - macro
Average Timeframe of Trade few days - few weeks
Nick Cawley

Nick Cawley   

Analyst

Currency Pair:  Bullish GBP/CAD
Expertise Fundamental Analysis
Average Timeframe of Trade One to Six Weeks

Technical Analysis

EUR/USD Technical Analysis: Signs of Bearish Reversal Emerging

Euro technical positioning is warning of a turn lower against the US Dollar once again after the single currency rose to the strongest level since December 2014.
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Central Bank Rates

Currency Central Bank Rate
   aud
1.50%
   nzd
1.75%
   eur
0.00%
   cad
1.25%
   gbp
0.50%
   usd
1.50%
   chf
-0.75%
   jpy
-0.10%

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