26 May 2015
Barclays: EUR/GBP remains a sell – eFXnews
FXStreet (Barcelona) - The Team at Barclays Capital maintains a bearish outlook on EUR/GBP, eyeing below 0.70 levels, as noted by eFXnews.
Key Quotes
"We are overall bearish on EURGBP and prefer to fade upticks in range. Selling interest is expected in the 0.7485/0.7535 area”
"The move back below the 0.7115 recent range lows confirms downside traction. Our greater downside objectives are towards a measured swing target in the 0.6770 area and then lower towards the 0.6535 range lows”
This content has been provided under specific arrangement with eFXnews.
Key Quotes
"We are overall bearish on EURGBP and prefer to fade upticks in range. Selling interest is expected in the 0.7485/0.7535 area”
"The move back below the 0.7115 recent range lows confirms downside traction. Our greater downside objectives are towards a measured swing target in the 0.6770 area and then lower towards the 0.6535 range lows”
This content has been provided under specific arrangement with eFXnews.