EURGBP looking weak with geopolitical pressures weighing
EURGBP sitting at 3 week TL, a push and close below $0.88650 could open door for deeper retracement to early November lows
EUR- political uncertainty in Germany as coalition talks with Merkel appear dicey - ST negative for EUR as traders weigh potential impact of government negotations
GBP - press rumours are circulating that UK is considering to raise the amount it is prepared to pay for the Brexit divorce - in ST, these developments might be positive for sterling
As always, patience is a virtue
keep it simple, stupid
EUR- political uncertainty in Germany as coalition talks with Merkel appear dicey - ST negative for EUR as traders weigh potential impact of government negotations
GBP - press rumours are circulating that UK is considering to raise the amount it is prepared to pay for the Brexit divorce - in ST, these developments might be positive for sterling
As always, patience is a virtue
keep it simple, stupid