Fundamental factors: The pound fell to a two-month low after Theresa May added to fears that Britain is heading towards “Brexit”. In the previous week, UK PMIs Pointed to expansion and beat their estimates, but the pound was unable to gain strength against Dollar. Dollar strengthening against Pound could drift the pair lower towards 1.1900/1.1185...

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Our free forex signals service trade today is a buy order on the EUR/GBP. The pair is looking for an upside after a bullish breakout. The EUR/GBP pair rallies after ending its temporary retreat. The European cross at 0.8453 at the time of writing. It seems determined to extend its upward movement. Technically, the currency...

The post Free Forex Signals and Forecast: Buy EUR/GBP – 15 Mar 2022 appeared first on Forex Crunch.

Our free forex signals service today looks at the EUR/GBP and we have the entry, stop and take profits levels for you. During the second half of this year, we anticipate the UK economy to continue to recover. The recovery will also be boosted because businesses are getting used to new trade links between the...

The post Free Forex Signals and Forecast: Buy EUR/GBP – 19 August 2021 appeared first on Forex Crunch.

UK economic outlook shows that the rebound is on track with second quarter GDP at 4.8%, which was in line with most economists’ forecasts, although slightly behind the Bank of England projection of 5.0%, with next week’s employment data likely to help forex trading players to get a handle on the UK growth trajectory. Details...

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Our free forex signals today is the EURGBP cross and we have the entry, stop and take profit levels for you. But before we get to that, let’s look at the background for the pair. This week has been dominated by the shift in the European Central Bank’s stance regarding inflation. The previous position of...

The post Free Forex Signals and Forecast: Buy EUR/GBP – 9 July 2021 appeared first on Forex Crunch.

Our EURGBP forecast notes that the pair has rebounded strongly and is now pressuring dynamic resistance. It remains to be seen how the price will react around the current upside obstacle. An upside breakout may signal more gains. Still, technically, we cannot exclude a temporary decline in the short term. There is a chance the...

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One of free forex signals for this week is EUR/GBP. We have a buy on the instrument. Here’s the background to help you get a handle on whether the signal is one you wish to action. Traders will be keenly watching what the Bank of England has to say when it reports from its monetary...

The post Free Forex Signals Buy EUR/GBP – 22 June 2021 appeared first on Forex Crunch.

EUR/GBP plunged on Friday, resuming the previous day’s sell-off. The UK economic data came in mixed at the end of last week. GDP increased by 2.3% versus 2.4% expected, while industrial production dropped unexpectedly by 1.3%, even if the specialists have expected a 1.2% growth, while the Manufacturing Production dropped by 0.3% versus 1.5% increase...

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What is the outlook for GBP? Here is their view, courtesy of eFXdata: Danske Research sees a scope for GBP outperformance against EUR, CHF, and SEK. “EUR/GBP continues to trade around 0.87.  We think, however, that the GBP weakness is temporary and expect EUR/GBP to move lower eventually, as the UK economy is set to...

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