TP1: 0.87800
TP2: 0.88000
Hawkish vibes from the BoE on NIRP, QE and the banks more optimistic forecasts for UK economy (more below) have lifted GBP to the top of the G10 performance table (GBP/USD is higher despite continued strengthening in the US dollar). Soft UK construction PMI numbers for January have been forgotten, and GBP also continues to benefit from the vaccine outperformance narrative (the UK continues to lead its developed-nation peers by a significant margin in terms of percentage of the population to have received their first Covid-19 vaccine).
EUR/GBP
OVERVIEW
Today last price 0.8766
Today Daily Change -0.0058
Today Daily Change % -0.66
Today daily open 0.8824
TRENDS
Daily SMA20 0.889
Daily SMA50 0.8978
Daily SMA100 0.901
Daily SMA200 0.8998
TP2: 0.88000
Hawkish vibes from the BoE on NIRP, QE and the banks more optimistic forecasts for UK economy (more below) have lifted GBP to the top of the G10 performance table (GBP/USD is higher despite continued strengthening in the US dollar). Soft UK construction PMI numbers for January have been forgotten, and GBP also continues to benefit from the vaccine outperformance narrative (the UK continues to lead its developed-nation peers by a significant margin in terms of percentage of the population to have received their first Covid-19 vaccine).
EUR/GBP
OVERVIEW
Today last price 0.8766
Today Daily Change -0.0058
Today Daily Change % -0.66
Today daily open 0.8824
TRENDS
Daily SMA20 0.889
Daily SMA50 0.8978
Daily SMA100 0.901
Daily SMA200 0.8998
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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.