EURGBP Higher
EURGBP looks like it could be a good buy.
UK inflation came out strong today and seems to be reaffirming stagflation worries for the UK. overall GBP narrative is not great and we have the ECB meeting tomorrow which could be a good kicker for a move higher.
the yield differentials are shooting higher which should help push EURGBP up.
A decent amount of support around 0.83 also helps, we've tried to move lower but haven't been able to.
Not trading advise, feedback welcome!
UK inflation came out strong today and seems to be reaffirming stagflation worries for the UK. overall GBP narrative is not great and we have the ECB meeting tomorrow which could be a good kicker for a move higher.
the yield differentials are shooting higher which should help push EURGBP up.
A decent amount of support around 0.83 also helps, we've tried to move lower but haven't been able to.
Not trading advise, feedback welcome!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.