The euro is showing limited movement on Thursday. In the European session, EUR/USD is trading at 1.0895, up 0.10%. Eurozone PMIs, released on Wednesday, pointed to trouble in the manufacturing and services sectors. Manufacturing has been in deep-freeze, although the January manufacturing PMI improved to 46.6, up from 44.4 and above the consensus estimate of […]
GBP/USD is showing bullish signs above the 1.2870 zone. EUR/GBP is gaining pace and might extend its upward move above the 0.8445 zone. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is gaining pace above the 1.2870 zone against the US Dollar. There is a connecting bullish trend line forming with support […]
The post GBP/USD Rallies While EUR/GBP Gains Strength appeared first on Action Forex.
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