MarketIntel

EUR/GBP: Bomberman! 💣💣💣

Long
FX_IDC:EURGBP   Euro / Livre Sterling
The Euro had a tough time against the British Pound pretty much since the second half of 2020. Now that the course has entered the yellow target box (0.86035 GBP - 0.84199 GBP), we expect a massive turnaround that will let the Euro valuate against the Pound. As it is indicated in the chart, we have already entered this market on the long side and expect the price to rise above 0.92916 GBP.

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