Trade of the Day: EUR/GBP
Autochartist analytics

Trade of the Day: EUR/GBP

By: Dima Chernovolov EUR/GBP recently broke the hourly Ascending Triangle chart pattern, which was earlier identified by Autochartist. Autochartist rates the quality of this Ascending Triangle at the 7-bar leve...

Trade of the Day: EUR/GBP
Autochartist analytics

Trade of the Day: EUR/GBP

By: Dima Chernovolov EUR/GBP continues to rise inside the daily Up Channel chart pattern, which was recently identified by Autochartist. Autochartist measures the quality of this Up Channel at the 5-bar level –...

Trade of the Day: EUR/GBP
Autochartist analytics

Trade of the Day: EUR/GBP

By: Dima Chernovolov EUR/GBP continues to rise inside the 4-hour Ascending Triangle chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Ascending Triangle at the...

Trade of the Day: EUR/GBP
Autochartist analytics

Trade of the Day: EUR/GBP

By: Dima ChernovolovEUR/GBP continues to rise inside the 4-hour Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 4-bar level – whi...

Trade of the Day: EUR/GBP
Autochartist analytics

Trade of the Day: EUR/GBP

By: Dima Chernovolov EUR/GBP continues to fall inside the 4-hour Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 4-bar leve...

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Forex News

EUR/GBP consolidates at multi-week highs above 0.8900

EUR/GBP rally from 0.8700 consolidates at six-week highs above 0.8900. Pound underperforms on Brexit tensions and COVID-19 consequences. The sterling will continue weakening until the Brexit situation clarifies...

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Forex News

On the bids above 0.8800 despite downbeat German PPI, eyes on GDP

EUR/GBP keeps the gains despite downbeat German PPI data. ECB anticipates Euro GDP to fall between 5% and 12% this year. EU-German tension weighs on the regional currency, Brexit/virus woes disappoint Pound buy...

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Forex News

EUR/GBP recedes from multi-week tops near 0.8870

EUR/GBP clinched multi-week highs, retreats afterwards. Both the sterling and the euro suffers the dollar’s strength. BoE’s A.Bailey ruled out once again negative rates. After climbing to fresh multi-week high...

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Forex News

EUR/GBP rejected at 0.8875, fails to confirm above 0.8865 resistance

EUR/GBP attempt to breach 0.8865 resistance fails at 0.8875. The sterling remains vulnerable on concerns about the COVID-19 impact on UK economy. Confirmation above 0.8865 might set the pair aiming to 0.9060 – ...

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Forex News

Euro pops to 2.5-week highs vs. pound

EUR/GBP is breaking to fresh May highs vs. the pound.  Resistance is seen near the 0.8850 price level.    EUR/GBP four-hour chart    EUR/GBP broke above the 0.8800 level and the main SMAs on the four-hour char...