EUR/GBP: exchange Rates Predict Exchange Rates

Brian Twomey Brian's Investment

The purpose of EUR/USD and cross pairs is to protect EUR/GBP. EUR cross pair numbers are designed to protect EUR/GBP.

Many ways to forecast EUR/GBP perfectly and this offered today is only by using EUR. EUR/GBP is a forecast currency pair in itself to predict many, many currency pairs. EUR/GBP forecasts GBP/AUD for example.

Understanding is 1/2 the battle to winning but comprehension is lost among the 99% speculator crowd and today's situation is simply out of control to trades and forecasts.

All reciprocals, add EUR/GBP as is = EUR/GBP Bottom

All Reciprocals, add EUR/GBP re-arranged = EUR/GBP top

EUR/JPY + EUR/CHF = EUR/GBP top

Reciprocals EUR/USD, EUR/GBP and EUR/CHF = EUR/GBP top

EUR/USD reciprocals = EUR/GBP top

Reciprocals minus EUR/NZD and EUR/GBP = EUR/GBP top

Minus EUR/NZD, add EUR/GBP as is = EUR/GBP top

As is minus EUR/NZD, add EUR/GBP = EUR/GBP Target

As is minus EUR/AUD, add EUR/GBP re arranged = EUR/GBP vital break.

As is Minus EUR/NZD, add EUR/GBP re arranged = EUR/GBP vital break

As is minus EUR/AUD and EUR/GBP as is = EUR/GBP top target

Reciprocals minus EUR/CAD and EUR/GBP = EUR/GBP top and bottom.

Reciprocals minus EUR/CAD, add EUR/GBP as is = EUR/GBP top and bottom.

Author

Brian Twomey

Brian's Investment

Brian Twomey is an independent trader and a prolific writer on trading, having authored over sixty articles in Technical Analysis of Stocks & Commodities and Investopedia.

EUR/USD turns negative near 1.1850

EUR/USD has given up its earlier intraday gains on Thursday and is now struggling to hold above the 1.1850 area. The US Dollar is finding renewed support from a pick-up in risk aversion, while fresh market chatter suggesting Russia could be considering a return to the US Dollar system is also lending the Greenback an extra boost.

GBP/USD change course, nears 1.3600

GBP/USD gives away its daily gains and recedes toward the low-1.3600s on Thursday. Indeed, Cable now struggles to regain some upside traction on the back of the sudden bout of buying interest in the Greenback. In the meantime, investors continue to assess a string of underwhelming UK data releases released earlier in the day.