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Tag: EUR/GBP Price Analysis: Bears attack multi-year-old support line below 0.8600

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EUR/GBP: Choppy trading in the coming months, a move to 0.84 by year-end – Rabobank

EUR/GBP: Choppy trading in the coming months, a move to 0.84 by year-end – Rabobank

Analysts at Rabobank still see choppy range trading for the EUR/GBP within the weeks ahead. they keep a forecast that the currency pair could still push to 0.84 by year-end. Key Quotes: “The May 6 publication of the BoE’s Monetary Policy…

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EUR/GBP Price Analysis: Bears attack multi-year-old support line below 0.8600

EUR/GBP Price Analysis: Bears attack multi-year-old support line below 0.8600

EUR/GBP wavers round 0.8580, currently down 0.30% to 0.8581, in advance of Wednesday’s European session. In doing so, the quote battles an upward sloping vogue line from November 2015. The sterling pass these days dropped…