Search Results for: EURGBP
Elliott Wave Analysis: NZDUSD and EURGBP
January 11th, 2017
NZDUSD NZDUSD structure depict highly corrective price action in the complex pattern XWY. Slope and overlaps suggest this move up is only a pause in a higher degree downtrend and we expect a decisive break of the corrective channel ...
Elliott Wave Analysis On EURGBP And AUDUSD
June 30th, 2016
EURGBP EURGBP is trading in final stages of a five wave sequence of a higher degree. We expect one more corrective pullback in the blue wave 4 to 0.8130 levels before a final push up in blue wave 5 ...
Elliott Wave Analysis On EURGBP And GBPUSD
May 10th, 2016
EURGBP EURGBP remains bullish but only temporary with a three wave bounce away from 0.7736 which we see it as correction. As such, we will turn bearish after A)-B)-C) bounce towards 0.8000 resistance level. In the short-term however, price ...
Elliott Wave Analysis On German DAX And EURGBP
March 7th, 2016
DAX keeps trading higher in a nice impulsive fashion, now already in wave 4), that could send prices even higher in wave 5). That said a pullback looks to be unfolding probably to around 9673-9710, where wave C would ...
British Pound’s latest jump against the Euro leaves analysts scratching heads
February 25th, 2021
Pound Sterling rallied sharply during the mid-week Asian session and is holding the gains in London trade in am move that has opened fresh new multi-month highs, but the gains have left analysts scratching their heads as to why ...
Elliott Wave Analysis: EUR/GBP In Bearish Reversal
July 6th, 2020
EURGBP started firmly dropping from the 0.918 level (also level of a Fib. ratio of 61.8), giving us first signs of a possibly completed A-B-C move in a higher degree wave B) correction. We are now observing a minimum ...
Pound rises after ‘meaningful’ Brexit vote
January 16th, 2019
The pound has risen after MPs voted to reject Theresa May’s Brexit deal by 230 votes. The vote opens up a range of outcomes, including no deal, a renegotiation of Mrs May’s deal, or a second referendum. Sterling rose ...
EUR/GBP losses seen on sterling rally
November 2nd, 2018
The Euro (EUR) has dropped off against the Pound (GBP) and most other peers today, with a stronger Pound Sterling making the single currency less appealing. A lack of supportive Eurozone data hasn’t helped matters, as Euro traders are ...
British pound slips from six-week highs before EU summit
September 19th, 2018
The British pound pulled back from six-week highs on Tuesday as traders booked profits and investors struck a more cautious note about progress towards a Brexit deal ahead of a European Union summit this week. Sterling has rallied around ...
Euro to British Pound exchange rate continues to climb despite slowing German trade
August 8th, 2018
Tuesday saw the publication of most of this week’s most notable Eurozone ecostats, but they didn’t have a particularly influential effect on the direction of the Euro to British Pound (EUR/GBP) exchange rate. Instead, the Pound remains limp as ...
