EUR/GBP Price Analysis: Will Recent Pound Momentum Break Key Support?
EUR/GBP Price Analysis: Will Recent Pound Momentum Break Key Support? 2021-01-14 17:03:00 Richard Snow, Markets Writer EUR/GBP Analysis: Upcoming risk events: UK GDP, UK/EU inflation data followed by ECB rate decision Bearish contrarian outlook: Large divergence between client positioning and momentum suggests selling may continue Advertisement Sterling Surged Forward after BoE Allays Concerns of Negative Interest Rates Sterling has strengthened against the US dollar, Japanese Yen and the Euro since Tuesday as the Governor of the Bank of England (BoE), Andrew Bailey, stated that there were a...
Source: dailyfx.com