The EUR/GBP is rising for the second day in a row, after hitting on Monday the lowest level in two weeks. The cross climbed from 0.8769 and peaked on Tuesday at 0.8846, supported by a stronger Euro across the board.
The Euro is up versus the Pound and the Swiss Franc on Tuesday. Higher Eurozone bond yields are helping the common currency. The German 10-year bond yield stands at 2.29% the highest in two days up 2.75% for the day.
European Central Bank officials continue to speak with a hawkish tone while in the UK, concerns about the health of the economy remain intact. UK fundamentals are on debate at the Bank of England’s Monetary Policy Committee.
“As UK fundamental remains characterised by recession, high inflation, low investment growth and weak productivity we continue to expect EUR/GBP to edge towards 0.90 on a 6 to 9 month view. That said, we will be continuing to watch developments surrounding the protocol closely”, explained analysts at Rabobank.
The chart show risks titled to the upside in EUR/GBP after the cross was able to hold above the 20-day Simple Moving Average (today at 0.8785). The upside remains limited by the critical resistance area of 0.8850. A daily close well above 0.8850 should open the doors to more gains in the short-term.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.