Here is a summary of what some Forex experts are saying about the EUR/GBP and the EUR and GBP singularly.
- ActionForex.com recommends the following: “Trade Idea: EUR/GBP – Buy at 0.8740.”
- FxStreet.com perceives the EUR/GBP trend as “strongly bullish.” The EUR/GBP’s positive correlation to the EUR/USD on 10/12/10 (00:00 GMT) is 97.8%.
- A short article by Kathy Lien on FX360.com is titled “EUR: FLIRTING WITH 1.40.”
- An article on Forbes.com by Parmy Olson is titled “Skeptical Buffett Sees ‘Real Challenge’ For Soaring Euro.”
- A short article by Kathy Lien on FX360.com is titled “GBP: MILD DETERIORATION IN LABOR MARKET.”
There is risk of loss in all trading.