forex.pm forex forum binary options trade

Forex news -forex broker review => Forex => Topic started by: PocketOption on Feb 22, 2023, 04:20 am

Title: EUR/GBP: Falls Sharply after Upbeat UK Data
Post by: PocketOption on Feb 22, 2023, 04:20 am
EUR/GBP: Falls Sharply after Upbeat UK Data

The cross accelerated sharply lower in European trading on Tuesday, falling 0.9% during the session. Much stronger than expected UK services PMI data signaled significant improvement in the activity in UK economy's dominant service sector which brightens the outlook and eases recession concerns. Fresh weakness cracked key supports at 0.8813/0.8799 zone (Fibo 38.2% of 0.8547/0.8978 […]


The post EUR/GBP: Falls Sharply after Upbeat UK Data appeared first on Action Forex.


Source: EUR/GBP: Falls Sharply after Upbeat UK Data (https://www.actionforex.com/contributors/technical-analysis/487503-eur-gbp-falls-sharply-after-upbeat-uk-data/)