• EUR/GBP to correct after deceptive rally - ING

Noticias del mercado

16 agosto 2019

EUR/GBP to correct after deceptive rally - ING

Francesco Pesole, an FX strategist at ING, note that sterling had an unusual positive day yesterday, mainly benefiting from some position-squaring related upside pressure and a weaker euro. 

  • "We think any rally in GBP is likely to be short-lived as the lingering uncertainty about Brexit should discourage investors from jumping on long-sterling positions to play any rebound in risk appetite.
  • Hence, we look for EUR/GBP to move back above the 0.9200 level in the coming days."
Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: