EURGBP Revisited
Is it time to look at EURGBP again? Following today's larger than expected fall in inflationMarkets are now fully pricing a BoE rate cut of of 25-bps in November, while partly (not) fully pricing another 25-bp cut in December. These are not a lot of rate cuts and that is why GBP has retraced most of its losses from earlier today. This, however, can also be a source of upside opportunity for EURGBP longs (pros call it non-priced Upside risk). The monthly chart below, strictly from a technical stand point, displays an analogous pattern with September/November 2007 (yes, again with the 2007 fractals), suggesting potential upside from a price and RSI stand point. Let's keep this in our radar and will update the WhatsApp Bdcast Group members on it into upcoming 3 weeks.
More Hot-Charts
-
Nasdaq Trendline Resistance
Aug 10, 2026 16:04 | by Ashraf LaidiWill this short in Nasdaq100 work. Entry, target and stop.. -
Nasdaq Support
Aug 6, 2026 14:00 | by Ashraf Laidiسأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات . Will send detailed note on latest parameters to our WhatsApp Bdcst Group .. -
Gold's New Resistance
Aug 5, 2026 15:19 | by Ashraf Laidiسأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات . Will send detailed note on latest parameters to our WhatsApp Bdcst Group ..
