- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- EUR/GBP rises amid disappointing UK inflation data
EUR/GBP rises amid disappointing UK inflation data
- EUR/GBP rose to 0.8580, overcoming a key resistance level.
- Softer UK inflation data suppressed Pound Sterling during Wednesday's session.
- Markets are strongly considering a cut in September by the BoE.
Wednesday saw the EUR/GBP pair rise towards 0.8580, with softer-than-expected inflation data from the UK weighing on Pound Sterling. This contrasts Tuesday's movements, when the strength of the Pound was elevated by more positive UK employment data as lower inflation figures might prompt a more dovish Bank of England (BoE).
The UK's Office for National Statistics reported that inflation in the UK, measured by the Consumer Price Index (CPI), rose to a yearly 2.2% in July from 2% in June, below the market expectation of 2.3%. Similarly, the core CPI growth decreased to 3.3% down from 3.5% recorded in June. The initial market reaction to these figures resulted in diminished interest in Pound Sterling.
The next policy meeting from the BoE is on September 19, and the market currently estimates nearly a 45% chance of a rate cut.
EUR/GBP technical analysis
The EUR/GBP has shown a general bullish trend in recent sessions. The Relative Strength Index (RSI) of the EUR/GBP pair fluctuates around mid-range values, indicating the bulls are gathering strength and have more way to go. The highest RSI was around 62, hinting toward a slight overbuying presence. The Moving Average Convergence Divergence (MACD) shows steady green bars, confirming the presence of the buyers.
EUR/GBP daily chart
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
