EURGBP reversed from resistance level 0.8660 Likely to fall to support level 0.8560 EURGBP currency pair recently reversed down from the pivotal resistance level 0.8660, former support from May, which has been reversing the pair from June. The resistance level 0.8660, was strengthened by the upper daily Bollinger Band, daily down channel from February and […]
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In an interview with Helsingin Sanomat, ECB Vice President Luis de Guindos acknowledged the shifting priorities of the ECB as inflation continues to decline. Inflation is expected to return to the medium-term target of 2% Read more…
Daily Pivots: (S1) 193.16; (P) 193.89; (R1) 194.51; More… No change in GBP/JPY’s outlook and intraday bias stays on the downside. Corrective rise from 180.00 could have completed with three waves up to 199.79. Deeper Read more…
Daily Pivots: (S1) 161.17; (P) 161.64; (R1) 162.30; More…. Further decline is expected in EUR/JPY with 163.19 support turned resistance intact. Corrective rebound from 154.40 could have completed with three waves up to 166.67. Deeper Read more…