EUR/GBP

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Ticker:	EURGBP
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EUR/GBP - EURGBP looks down - 09/19/2024 (GMT)

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EUR/GBP Chart

Euro is declining against the British Pound: the technical structure points to an increased probability of downtrend, as two trading ranges (one intraday, and one consisting of several days) were broken simultaneously.

Fundamentally, the British pound gains strength after BOE had left the interest rate unchanged, pushing pound sterling against other currencies, and, particularly, Euro.

Always DYOR and manage your risk at all times!

This member declared not having a position on this financial instrument or a related financial instrument.