Euro / British PoundShort
💷The pound is getting up on its feet💷
Updated
💶Eur/💷Gbp analysis Eur/Gbp analysis
🚀In recent days, we have seen a massive purchase of the British pound following a speculative attack on this currency.
🚀It seems that the Euro has lost significantly compared to the British Pound. The price of the Eur/Gbp was pulled back to the levels before the massive breakout, which could be caused by the interference of the central
bank.
🚀From Friday's information readings, for the first time in history, inflation for the euro area has become two digits and is as high as 10%. The main component of the infomation is the increase in energy prices in the Euro zone.
🚀It is also worth noting the increase in the unemployment rate in Germany, which already amounts to 5.5%
🚀The increase in market interest rates in Great Britain, forecasting that the interest rate in Great Britain could reach 6% next year, had an impact on investors and the British Pound became an interesting asset.
💵 Do you like the analysis? Follow the profile 💵
🚀In recent days, we have seen a massive purchase of the British pound following a speculative attack on this currency.
🚀It seems that the Euro has lost significantly compared to the British Pound. The price of the Eur/Gbp was pulled back to the levels before the massive breakout, which could be caused by the interference of the central
bank.
🚀From Friday's information readings, for the first time in history, inflation for the euro area has become two digits and is as high as 10%. The main component of the infomation is the increase in energy prices in the Euro zone.
🚀It is also worth noting the increase in the unemployment rate in Germany, which already amounts to 5.5%
🚀The increase in market interest rates in Great Britain, forecasting that the interest rate in Great Britain could reach 6% next year, had an impact on investors and the British Pound became an interesting asset.
💵 Do you like the analysis? Follow the profile 💵
Note
Target reached, still worth watching, we may currently fall into some accumulationTrade closed manually
Note
Support line firmly pierced, are we flying lower?Note
Do you think we will go even lower?
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