At the moment, there are not sell of this par, we continue in Buy as I say in the some days. So, basically I can to say you that EUR/GBP is consolidated in H4 timeframe or H1 timeframe.
Now, we have all fundamentals that support a EUR so bullish for the next days as EUR/USD. So, technically in Daily we see that this par is leave at the zone of 0.618% of Fibonacc, that is an indication that EUR/GBP is prepare to up and continue the trend, in that case is bullish.
But, if you going in H4 timeframe, we see that, and this mean a possible formation of micro-accumulation. And also, we can to put a buy order limit with minimun 0.01 lots, that mean a possible going to up of this par to find up 231 pips.
Now, we have fundamental of this par and there we go:
1.Euro to Pound Sterling Exchange rate avoids further losses as Eurozone outlook steadily improves
2. Despite a lack of particulary strong support for sterling, EUR/GBP exchange rate has fallen this week.
3. But, a recovery is possible on the Eurozone's strong economic outlook, but if signs of weakness emerge there may instead be more losses ahead.
4. The data show a continue to impress in the Eurozone.
5. The EUR has been a little weaker this week.
6. It is slipped against major rivals like the GBP and USD, as investors buy then back from their cheapest levels.
7. The Euro is also being hit slighty by political instability in France. That news are worry!!!
8. The EUR it's appeal remains fairly strong overall
9. As this week, the EUR losses have been more due to recovering rivals than any weakness in the EUR outlook
10. Pound exchange rates rebound and Brexit speculations. The GBP is was undervalued so the new quarter began with some pound-buying and investor bought GBP back from it's cheapest levels.
11. Investors have been holding onto sterling since then, thanks partially to speculations that there could be Brexit developments in the coming month.
12. As a result of some fair Brexit optimism, the pound was able to hold most of this week's gains,
13. GBP/EUR exchange rate could tumble on optimistic Brexit news.
14. Investors may be hesitant to buy GBP too much more, but there is still potential for the EUR/GBP exchange rate to fall further.
The most EUR/GBP keys important:
1. There are a possibility of recovery for the Eurzone in all news optimisc
2. But if signs of weakness emerge there may instead be more losses ahead
3. The data show a continue to impress in the EUR
4. investors are buy and hold GBP against the major pars
5. There are a political instability in France
6. Other key s that EUR It's appeal remains fairly strong overall
7. Pound exchange rates rebound and Brexit especulations and hold GBP.
So, that is the keys to take in noticed, probabilly there are a possibility that this par is have more dominance the EUR than GBP, because EUR it's strong about the fundamentals. But if you see that par it's make the movement so volatil and it's an indicator for the Eurozone and it's sensible their conduct.
Now, we have all fundamentals that support a EUR so bullish for the next days as EUR/USD. So, technically in Daily we see that this par is leave at the zone of 0.618% of Fibonacc, that is an indication that EUR/GBP is prepare to up and continue the trend, in that case is bullish.
But, if you going in H4 timeframe, we see that, and this mean a possible formation of micro-accumulation. And also, we can to put a buy order limit with minimun 0.01 lots, that mean a possible going to up of this par to find up 231 pips.
Now, we have fundamental of this par and there we go:
1.Euro to Pound Sterling Exchange rate avoids further losses as Eurozone outlook steadily improves
2. Despite a lack of particulary strong support for sterling, EUR/GBP exchange rate has fallen this week.
3. But, a recovery is possible on the Eurozone's strong economic outlook, but if signs of weakness emerge there may instead be more losses ahead.
4. The data show a continue to impress in the Eurozone.
5. The EUR has been a little weaker this week.
6. It is slipped against major rivals like the GBP and USD, as investors buy then back from their cheapest levels.
7. The Euro is also being hit slighty by political instability in France. That news are worry!!!
8. The EUR it's appeal remains fairly strong overall
9. As this week, the EUR losses have been more due to recovering rivals than any weakness in the EUR outlook
10. Pound exchange rates rebound and Brexit speculations. The GBP is was undervalued so the new quarter began with some pound-buying and investor bought GBP back from it's cheapest levels.
11. Investors have been holding onto sterling since then, thanks partially to speculations that there could be Brexit developments in the coming month.
12. As a result of some fair Brexit optimism, the pound was able to hold most of this week's gains,
13. GBP/EUR exchange rate could tumble on optimistic Brexit news.
14. Investors may be hesitant to buy GBP too much more, but there is still potential for the EUR/GBP exchange rate to fall further.
The most EUR/GBP keys important:
1. There are a possibility of recovery for the Eurzone in all news optimisc
2. But if signs of weakness emerge there may instead be more losses ahead
3. The data show a continue to impress in the EUR
4. investors are buy and hold GBP against the major pars
5. There are a political instability in France
6. Other key s that EUR It's appeal remains fairly strong overall
7. Pound exchange rates rebound and Brexit especulations and hold GBP.
So, that is the keys to take in noticed, probabilly there are a possibility that this par is have more dominance the EUR than GBP, because EUR it's strong about the fundamentals. But if you see that par it's make the movement so volatil and it's an indicator for the Eurozone and it's sensible their conduct.
