Monday , 25 November 2024
Home Forex EUR/GBP rises half a percent, more from GBP weakness more than EUR strength
Forex

EUR/GBP rises half a percent, more from GBP weakness more than EUR strength

EUR/GBP trades back up to the level of the 50-day Simple Moving Average (SMA) at around 0.8350 on Monday, but more as a result of Pound Sterling (GBP) weakness than Euro strength.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Economic calendar in Asia Tuesday, November 26, 2024 – a light one

An almost empty data agenda for the session ahead:Japan Corporate Services Price...

Trade ideas thread – Tuesday, 26 November, insightful charts, technical analysis, ideas

Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas,...

Not to jinx it, but Russell 2000 on pace for a record close today

Not to jinx the market 16 minutes to the close but the...

Fed’s Goolsbee: Interest rates will be lower by the end of 2025

This is a repeat. The question we need answered is whether rates...