EUR/GBP Uptrend Correction Levels
EURGBP has formed higher lows connected by a rising trend line on its hourly time frame, and price looks ready to test this support zone again.
Posts Tagged: ECB interest rates
EUR/AUD Inverted Head and Shoulders Neckline Test
EURAUD looks tired from its downtrend, as the pair has formed an inverted head and shoulders pattern on its 4-hour time frame and is currently testing the neckline around the 1.6300 handle.
Weak Eurozone Inflation Drives EUR/GBP to 5-Month High, ECB’s Neutral Stance Maintained
The headline inflation rate in the Eurozone was lower than predicted in October, driving the EUR/GBP exchange rate to a five-month high of 0.8750. After…
EUR/USD Sustains Bounce at 1.0810 on US Dollar Correction, ECB President’s Remarks Ahead of Powell’s Speech
In the European session, the EUR/USD exchange rate has risen to 1.0810. The US dollar is being corrected in all markets as investor confidence increases….