Thursday , 14 November 2024
Home Forex EUR/GBP Price Forecast: Bounces off multi-year lows, risk of trend reversal
Forex

EUR/GBP Price Forecast: Bounces off multi-year lows, risk of trend reversal

EUR/GBP has bounced off key support (gray dashed line) at multi-year lows and risen over a percentage point to trade above 0.8400 on Thursday.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

EIA weekly crude oil inventories +2089K vs +750K expected

Prior was +2149Crude oil inventories +2089 K vs +750K expGasoline inventories -4407K...

Bitcoin falls to $88,000 in a quick fall

Bitcoin has seen some bids early in US trading in the past...

EIA weekly nat gas inventories +42 bcf vs +44 bcf expected

We're closing in on winter and the drawdown season. Natural gas has...

Barkin: Fed does watch carefully if 10-year yield driven by inflation expectations

Fed is trying to normalize its balance sheet, not use it to...