EUR/GBP – Euro Remains Well Bid Above 0.9000 Vs British Pound

Key Highlights The Euro after breaching 0.9000 traded as high as 0.9119 against the British Pound. There is a key bullish trend line forming with support at 0.9060 on the 4-hours chart of EUR/GBP. Germany’s Gross Domestic Product preliminary reading for Q2 2017 came in at 0.6% (QoQ), down from the last +0.7%. Today, the US Retail Sales figure for July 2017 will ...
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EURUSD Looks Poised For New Low

EURUSD Looks Poised For New Low Key Highlights             A recovery in the EURUSD pair failed this past week, as the pair started to trade lower once again. There was a support trend line formed on the hourly chart of the EURUSD pair, which was broken to help sellers gain control. Euro Zone Manufacturing Purchasing Managers Index (PMI) will be released b...
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