The trend and momentum has indicated EURGBP downward trend since early today, and it has fallen from 0.756 to 0.749 at the moment.
Following to the previous post, GBP downside risk is uncertain while British interest rate will be reviewed tomorrow. If the rate is unexpectedly cut, GBP could be down steeply and EURGBP will go up under the situation.
EUR is also risky currency due to Greek negotiation with other European lenders.
Under those circumstances, EURGBP is probably volatile short while.
For more currency pairs, Forex trend & momentum signals available on Google play.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.