EUR/GBP recovery gains traction ahead of ECB
EUR/GBP bounces from a 1-year low! Break above 0.8550 opens path to 0.8600. Risk: Fall below 0.8500 invalidates setup.
XM Group
|
49 days ago
Overview: EUR/GBP is on track for its first positive week after a four-week slide to a one-year low of 0.8453. Buyers returned near the 61.8% Fibonacci level, lifting the pair toward the 20-SMA and the 50% Fibonacci at 0.8540, where the rally stalled last week.
Momentum: The RSI is nearing bullish territory after rebounding from oversold levels, while the stochastic is approaching overbought, suggesting the rally may need fresh confirmation.
Bullish scenario: A close above 0.8550 could spark a new rally up to the 50-SMA and the 0.8600 round-level. A sustained break above the 38.2% Fibo at 0.8620 could then ignite another bullish leg toward the 0.8650 region.
Risk: A reversal back below 0.8500 could undermine the recovery outlook.
XM Group
4.3
415 ulasan
Type: Market Maker
Regulation: FSA (Seychelles), FSC (British Virgin Islands), CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa), FSC (Mauritius), CMA (Kenya)
read more
USD Strength Pressures FX Markets as Euro and Pound Extend Losses | 18th May, 2026
USD strength dominates FX as rising US inflation expectations reinforce a hawkish Fed outlook. Major currencies (EUR, GBP, CAD) remain under pressure amid risk-off sentiment. GBP/USD, EUR/USD, EUR/GBP stay bearish; USD/CAD bullish; EUR/JPY range-bound with downside bias. Overall outlook: continued USD-led momentum across markets.
Moneta Markets
|
115 days ago
Markets Turn Defensive as Hormuz Risks Lift Oil and Pressure Risk Assets
Markets turn defensive as Hormuz tensions lift oil near $93 and boost USD. Gold weakens under Dollar strength, while AUD/JPY and EUR/JPY fall on risk aversion. EUR/GBP stays range-bound. Overall, geopolitics drive cautious sentiment with focus on supply risks and upcoming data.
Moneta Markets
|
140 days ago
EBC Markets Briefing | Pound eases against euro; Micro shares rebounded
The pound fell for a third day versus the euro after weak UK data, while Middle East tensions boosted the dollar; EUR/GBP nears a death cross toward 0.8620.
EBC Financial Group
|
178 days ago
EURGBP at the edge of a bearish trend reversal
EUR/GBP falls towards February’s support area as geopolitical risks weigh. A negative correction below 0.8590 would signal bearish trend reversal.
XM Group
|
182 days ago
The dollar is losing fans
While the IMF is urging investors not to focus on the dollar's short-term weakness, EURUSD is posting its best daily gain since the end of January.
FxPro
|
212 days ago
EBC Markets Briefing | Sterling steady; gold on a record-breaking streak
Sterling firmed Tuesday after the Trump administration opened a criminal probe into Fed Chair Powell, as wars eroded the dollar's safe-haven role.
EBC Financial Group
|
240 days ago
The pound is waiting for fireworks
• The US economy is sliding downhill, increasing the chances of aggressive rate cuts by the Fed.
• The pound's volatility jumped sharply ahead of Britain's draft budget presentation.
FxPro
|
288 days ago
Euro area Business activity above expected, but too modest for the euro to break through
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Euro area Business activity above expected, but too modest for the euro to break through
FxPro
|
352 days ago
