ANALYSIS: EURGBP ATTACKING LOWS AGAIN
EURGBP has spiked through the lows today as the GBP continues to gain strength off the back of Governor
Carneys comments that the data shows continual growth with the potential to hike interest rates. How sustainable
that is will remain to be seen as PM May sets upon delaying the exit from the EU. Technically we will need the weekly chart to close below the supporting zone before looking for the opportunity to short the market.
Carneys comments that the data shows continual growth with the potential to hike interest rates. How sustainable
that is will remain to be seen as PM May sets upon delaying the exit from the EU. Technically we will need the weekly chart to close below the supporting zone before looking for the opportunity to short the market.
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