EURGBP neutral

EURGBP close to its two-year long minimum

12 january 2022 133
Ivan__Titov
Ivan__Titov

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EURGBP is approaching the minimum of the winter of 2019-2020. Given that it is largely oversold (according to the RSI), it will be difficult for the pair to cross the level of 0.828. There may be further bounces up. But if the ECB does not stricten its rhetoric, the Euro is doomed for further depreciation.

Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
1st in the segment "Metals"
3rd in the segment "Indices"
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