EURGBP sitting at 3 week TL, a push and close below $0.88650 could open door for deeper retracement to early November lows
EUR- political uncertainty in Germany as coalition talks with Merkel appear dicey - ST negative for EUR as traders weigh potential impact of government negotations
GBP - press rumours are circulating that UK is considering to raise the amount it is prepared to pay for the Brexit divorce - in ST, these developments might be positive for sterling
As always, patience is a virtue keep it simple, stupid
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.