eur/gbp News

Dollar erases gains against euro after US jobs report
Uncertainty about whether Greece will accept a bailout deal kept the euro from making larger gains against the dollar. The euro rose to $1.3153 in late trading Friday from $1.3141 late Thursday. The British pound rose to $1.5824 from $1.5798.ECONOMY: Dollar rises against euro, pound and yen on strong US jobs report
The euro is down to $1.3108 in morning trading Friday from $1.3141 late Thursday. The British pound is down to $1.5789 from $1.5798. The dollar is up to 76.59 Japanese yen from 76.16 and to 0.9195 Swiss franc from 0.9170 Swiss franc.Pound Rises Versus Euro on Concern EU Debt Plans 'Insufficient'
2 (Bloomberg) -- The pound rose to a one-week high against the euro as speculation European leaders are failing to resolve the region's debt crisis boosted demand for the safety of the UK currency. Sterling gained for the third time in four days versus ...Sterling dips vs dollar on US jobs data, gains vs euro
* Improved UK services PMI, Greece worries lift pound vs euro * BoE still seen opting for more QE despite better data * BoE's Posen says inflation looks set to fall By Jessica Mortimer LONDON, Feb 3 (Reuters) - Sterling dipped against the dollar on ...Pound exchange rates: GBP EUR jumps higher; GBP USD currency pairs heads lower ...
The pound dollar exchange rate is 0.14% lower at 1.5782, the pound euro exchange rate is 0.17% higher at 1.2043 while euro dollar is 0.2% lower at 1.3121. A strengthening US economy could see the US Fed shift their accommodative monetary policy; ...U.S. Dollar Reversal Underway, Euro Eyes 23.6% Fib
The British Pound broke out of the upward trending channel from the previous month, with the GBP/USD slipping to a low of 1.5749, and we expect the sterling to face additional headwinds in the following week as market participants see the Bank of ...Gilts Rise, Pound Gains Versus Euro on Europe Slowdown Concern
Gilts outperformed German bunds and the pound strengthened against the euro as the Greek government and its creditors struggled to reach agreement on a debt-swap plan for the nation. Sterling fell for the first time in five days against the dollar ...US Jobs Data On Tap Ahead
The Sterling (GBP) the GBP/USD was also in consolidation mode stick to a 50 pip range supported at the 1.5850 level as well and will be looking to fresh inspiration from the Greece and the US data tonight. The EUR/GBP is pivoting the 0.8300 level and ...

eur/gbp Analysis

Sunrise Market Commentary: Currencies
On Thursday, there was not that much to tell on EUR/GBP price action. Sterling remained well bid across the board. EUR/GBP basically drifted sideways playing with the 0.8300 barrier. EUR/GBP was changing hands in the 0.8315 area at the open in Europe.EUR/GBP Forecast February 3, 2012, Technical Analysis
EUR/GBP fell during most of the session on Thursday, but found a bounce in the late hours to form a hammer. The pair has been running into support at the 0.8280 level, and it looks as if the area will become a good point in which to sell if we get a ...EUR/GBP orders
But then the euro seems to fly high on all... Jamie Coleman: When everyone feels that way, that's when we finally drop! And then we buy it all the way... GalantnostS: I am starting to think AUD can never drop Good data, bad data, higher metals, ...EUR/GBP Forecast February 2, 2012, Technical Analysis
EUR/GBP rose for a large portion of the session on Wednesday, but fell in the later hours in order to form a shooting star at the bottom of the recent plunge. The pair has been decidedly bearish as of late, and this candlestick is another bearish sign ...EUR/GBP Fundamental Analysis February 6, 2012, Forecast
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR. The Federal Budget Balance measures the difference in value between the federal ...EUR/GBP Confirming Bearish Continuation From Wedge Breakout
By Fan Yang, CMT The 4H EUR/GBP chart shows a market breaking below a rising wedge to start this week. Price action was heavy, but the market bounced up from near a previous support pivot at 0.8280. Note that the 61.8% retracement of the wedge pattern ...Forex: EUR/GBP flat after UK data
FXstreet.com (Barcelona) - As UK services PMI registered a rise from 54 to 56, instead of the expected decrease to 53, the EUR/GBP is having conflicting pressures. From one hand, sellers look to respond to the improved UK data, but bulls are buying ...Forex: EUR/GBP down after UK PMI
Euro zone services-PMIs have came in mixed with Italy, Spain and France beating expectations and Germany and the EMU below them. All in all, market sentiment seems to be improving as EUR, AUD, GBP and NZD are advancing against the safe havens.