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@EUR/GBP

News 12 August 2017
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EUR/GBP: Get Ready For £1.00 In 2018

EUR/GBP: Get Ready For £1.00 In 2018

We have been long EUR/GBP since January between £0.8710 and £0.8808 (56 positions). Target: £0.92. Morgan Stanley’s chief cross-asset strategist Andrew Sheets tells Bloomberg he now sees the currency pair climbing to as high as £1.00 in 2018 arguing that a pushback against the populist movements that have threatened to destabilize the European Union will […]

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News 28 June 2017
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EUR/GBP: Buy On Weakness. We Reiterate Our £0.92 Price Target

EUR/GBP: Buy On Weakness. We Reiterate Our £0.92 Price Target

We are have been long EUR/GBP since 16 January between £0.8763 and £0.8803 (40 positions). We reiterate our £0.92 target price and advice Subscribers to add to long positions on weakness. Fund managers now say the Euro’s rally against the Sterling Pound has more legs  given Europe’s improving economic outlook which contrasts with Britain’s underwhelming […]

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