A basing process in underway for EUR/GBP, in the view of analysts at Credit Suisse,
The GBP/USD pair was last seen retreating toward 1.21. Below here, cable could retest the
EUR/GBP gained strong positive traction on Friday and shot back to the weekly high. Stronger
The pound may not receive a lasting support from the Bank of England, even if
Brexit Tensions are increasing and may weigh on the British pound in coming months, warn
EUR/GBP pares recent losses while bouncing off key Fibonacci retracement level. 200-HMA, previous support challenge
EUR/GBP shot to over a one-week low on Thursday, though the uptick lacked bullish conviction.
EUR/GBP holds onto downside break of weekly bullish channel, stays pressured around intraday low. Convergence
EUR/GBP is set to hold support at 0.8530/11 for a retest and break above 0.8722/47.
This week, the Bank of England meeting is the big highlight for the GBP market.