prognozki
Rabobank - >
The exchange rate between the euro and the British currency had
a positive start of the week. Technically significant, the cross
rebounded from the lower boundary of a rising trend channel that
has developed since the beginning of February. Together with the
50-day MA (red line), this provides a good area of support
protecting the cross against excessive selling pressure. On the
contrary, the rebound from these levels suggests that dip buyers
are still present making a retest of the current YTD high of GBP
0.7255 likely. Although this gives scope for higher prices in the
days ahead, we must see a convincing break in order to see
potential for a substantial move to the upside. The levels to watch
in the week ahead, thus, are GBP 0.7010 and GBP 0.7255.
Rabobank - >
The exchange rate between the euro and the British currency had
a positive start of the week. Technically significant, the cross
rebounded from the lower boundary of a rising trend channel that
has developed since the beginning of February. Together with the
50-day MA (red line), this provides a good area of support
protecting the cross against excessive selling pressure. On the
contrary, the rebound from these levels suggests that dip buyers
are still present making a retest of the current YTD high of GBP
0.7255 likely. Although this gives scope for higher prices in the
days ahead, we must see a convincing break in order to see
potential for a substantial move to the upside. The levels to watch
in the week ahead, thus, are GBP 0.7010 and GBP 0.7255.
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