The EUR/GBP exchange rate advanced on Monday, reaching 0.8460 and briefly hitting 0.8475. Technical indicators suggest continued bullish momentum, despite the RSI indicating overbought conditions. Support is seen at 0.8430, while resistance lies around 0.8480-0.8500.
EUR/GBP edges 0.23% higher on Monday, climbing to 0.8460 with an intraday high of 0.8475. RSI points to overbought conditions yet still allowing further upside.
histogram features rising green bars, confirming the pair’s sustained bullish momentum. The EUR/GBP cross advanced further on Monday, reaching 0.8460 and briefly peaking at 0.8475. This steady push higher highlights ongoing buyer dominance, as the pair consolidates gains made in recent sessions. Overall sentiment remains tilted toward the upside, with no immediate sign of a pullback.
EUR/GBP Exchange Rate Technical Analysis RSI MACD
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/GBP ticks lower as rally in UK gilt yields pauses after soft inflation dataThe EUR/GBP pair edges lower to near 0.8440 in Wednesday’s North American session.
Read more »
Stock Market Edges Higher, Apple and Microsoft in FocusStocks see modest gains as the year draws to a close, fueled by a strong dollar and a pullback in oil and gold prices. Apple's potential foray into smart home security and Wedbush's bullish outlook on iPhone sales dominate tech headlines. Meanwhile, Microsoft's stock price receives attention despite a recent downgrade. The article also touches on developments in the pharmaceutical, social media, and tech sectors.
Read more »
Gold Edges Higher Amid Cautious Investor SentimentGold prices edged upward in Asia on Tuesday, driven by modest gains. Investors remain cautious due to the strengthening US dollar following the Federal Reserve's hawkish stance.
Read more »
Gold Price Edges Higher, But Lackluster Demand Limits GainsGold prices saw a slight increase on Tuesday, but a lack of strong buying activity kept the gains in check. The Federal Reserve's recent hawkish shift, which suggests fewer interest rate cuts in the future, is supporting the US dollar and putting downward pressure on gold. However, geopolitical tensions and trade war concerns continue to provide support for gold as a safe-haven asset.
Read more »
Shiba Inu Whales Accumulate, Price Edges HigherShiba Inu (SHIB) sees a surge in whale netflows, with large holders accumulating billions of tokens. This follows a sharp rebound in SHIB's price and increased large transaction volumes.
Read more »
GBP/USD Edges Higher Amid Low Holiday VolumeThe GBP/USD pair is showing a slight increase near 1.2570 despite low trading activity during the Christmas holiday week. The US Dollar Index remains stable around 108.15 while expectations for slower interest rate cuts by the Fed support the Greenback.
Read more »