The EURGBP pair moved slightly higher in overnight trading. The pair moved from a low of 0.9027 and reached an intraday high of 0.0.9100.
The continuation of the buying pressure around the Sterling is now dragging EURGBP to afresh 2-week lows in the 0.9100 neighbourhood.
EURGBP is now picking up extra upside traction and moves at shouting distance from yesterday’s 2019 highs in the 0.9250/60 band.
The broad-based range-bound prevailing in both the Sterling and the shared currency is prompting EURGBP to follow the same theme in the 0.9100 area.
The recovery in the British Pound is forcing EURGBP to give away part of its recent strong gains and move lower to the 0.9160 area.
Volatility remains elevated in the currency markets for the second day in a row with the European majors pulling higher and the Dollar taking a backseat - but will the EURGBP rally last?
On Friday, the pair crossed the important support level of 0.8945, a major trendline that the pair has been following since April. Based on the chart, will EURGBP downward momentum continue?
EURGBP slips back below 0.89 after it failed to build on the early attempted recovery move and refreshed over one-month lows post-UK employment details. What is next?
After yesterday's sharp intraday slide of nearly 100-pips, the EURGBP is bullish above ascending trend-line support that has extended from mid-June. Should traders expect some fresh downward pressure? Let us see!
As seen in the 7 December EURGBP Technical Outlook, the pair looks to gain altitude today. Still, a positive close would strengthen a bullish reversal.
The UK reached a historic deal on its EU exit terms on Friday. However, the 8 December EURGBP Technical Outlook shows what the market reaction indicates.
The latest 19 December EURGBP Technical Outlook reveals that the pair's love affair with 200-day MA continues as both trades in a sideways manner.
What to expect from EURGBP movements today? This 8 January EURGBP technical analysis from Commerzbank's analysts will provide you with necessary guidance.
How does EURGBP trade today? Study this extensive 12 January EURGBP Technical Outlook to have an idea and to see the necessary guidance provided.
How does the EURGBP trade today? We invite you to study the updated 18 January EURGBP Technical Analysis that will provide you with necessary guidance.
EURGBP halt yesterday's decline and now consolidates near 0.8870 ahead of London. More detail about this is discussed in the 7 February EURGBP Technical Forecast. Dig in!
EURGBP pair is taking a breather before European markets, as UK'S Super Thursday is due today. What else should you know about the pair's movement? Find out here on the 8 February EURGBP Technical Outlook.
How does the BoE's monetary policy meeting yesterday, impact the EURGBP pair? Learn this and more from the 9 February EURGBP Technical Outlook.
EURGBP two-day rally stalled in Asia at 0.8880 ahead of UK CPI release. Click here, for the latest 13 February EURGBP Technical Analysis reveals more.
The following are in-depth GBP outlook and targets by Goldman Sachs, forecasting GBPUSD at 1.46, 1.43 and 1.40 in 3, 6 and 12 months respectively