EURGBP trend forecast January 9, 2025
EUR/GBP recovers from its prior day's losses, trading near 0.8290 during the European session on Wednesday. The Euro holds steady following Germany’s release of better-than-expected Retail Sales data, with an annual growth of 2.5% in November, surpassing both the 1.9% market estimate and the 1.0% growth recorded in October. However, monthly Retail Sales fell by 0.6% in November, following a 1.5% drop in October.
On Tuesday, the Eurozone's Harmonized Index of Consumer Prices (HICP) rose by 2.4% year-on-year in December, up from 2.2% in November, aligning with market expectations. Similarly, the core HICP showed an annual increase of 2.7% in December, matching November’s figure and market forecasts.
Thursday no important news, EURGBP price trend break trend, strong increase at the beginning of the year.
/// BUY EURGBP : zone 0.83300 - 0.83150
SL: 0.82950
TP: 40 - 70 - 100pips ( 0.84150)
Safe and profitable trading
EUR/GBP recovers from its prior day's losses, trading near 0.8290 during the European session on Wednesday. The Euro holds steady following Germany’s release of better-than-expected Retail Sales data, with an annual growth of 2.5% in November, surpassing both the 1.9% market estimate and the 1.0% growth recorded in October. However, monthly Retail Sales fell by 0.6% in November, following a 1.5% drop in October.
On Tuesday, the Eurozone's Harmonized Index of Consumer Prices (HICP) rose by 2.4% year-on-year in December, up from 2.2% in November, aligning with market expectations. Similarly, the core HICP showed an annual increase of 2.7% in December, matching November’s figure and market forecasts.
Thursday no important news, EURGBP price trend break trend, strong increase at the beginning of the year.
/// BUY EURGBP : zone 0.83300 - 0.83150
SL: 0.82950
TP: 40 - 70 - 100pips ( 0.84150)
Safe and profitable trading
Trade active
EURGBP price continues to increase - does not retest the 0.83300 price range. Exact trend
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MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
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.