EURGBP: Daily Divergence
Updated
Fundamentals:
EUR's upside = Easing covid restriction and accomodative fiscal policy
Vs. UK's Downside = Surging inflation, Brexit restructuring and tightening of fiscal conditions
Technicals:
Horizontal and diagonal monthly support levels along with regular divergence that is emerging.
Regular divergence
EUR's upside = Easing covid restriction and accomodative fiscal policy
Vs. UK's Downside = Surging inflation, Brexit restructuring and tightening of fiscal conditions
Technicals:
Horizontal and diagonal monthly support levels along with regular divergence that is emerging.
Regular divergence
Note
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