We expect Canadian inflation numbers on Tuesday will show further signs of gradual easing in price pressures. Consumer price index growth should edge down to 2.6% year-over-year from 2.7% in April. That would mark the fifth consecutive month that annual price growth is within the Bank of Canada’s 1% to 3% inflation target range. Gasoline […]
EURGBP slides but finds support at the lower end of a range A break below that support may turn the outlook bearish Both the MACD and the RSI detect downside momentum EURGBP entered a sliding mode on December 28, after hitting resistance slightly above 0.8700, the upper boundary of the broader sideways range that’s been […]
The post EURGBP Hits the Lower Bound of a Broader Range appeared first on Action Forex.
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