|

EURGBP Forecast Poll 2017: Undecisive action foreseen in a politics-dominated cross

EURGBP Forecast Dot Plot Chart

EURGBP

EURGBP Forecast Poll 2017

Analyst3 Months6 Months1 Year
Brad Gilbert0,83000,78000,7300
David Cheetham0,82500,86450,9130
Elliott Wave Forecast0,81000,91001,0000
Growth Aces0,84250,85270,8519
Haresh Menghani___
James Chen0,83000,81000,7900
JFD Brokers___
Juan José del Valle___
Lukman Otunuga0,82000,80000,8350
Mark de la Paz0,81200,78000,7570
Markus Gabel0,92700,87200,9800
Nenad Kerkez___
Przemyslaw Kwiecien0,82600,83300,8110
Scott Barkley___
Thomas Light0,84000,83000,8200
Valeria Bednarik0,88000,90000,9400
Yohay Elam___
Medium Forecast0,84020,83930,8571
Median Forecast0,83000,83300,8350
Std-Deviation0,03290,04280,0854
R-Coefficient0,03960,05140,1023
Bullish234
Sideways222
Bearish765
    

Featured Expert

Lukman Otunuga: "The EURGBP remains entangled in a fierce tug of war between Euro and Sterling weakness. Prices may fluctuate within a wide range this year as uncertainty in Europe and Brexit woes keep investors on edge. Technically on the weekly charts, the head and shoulders formation could open a path towards 0.8200"

EURGBP Bull Lines

Markus Gabel: "Actually valid uptrend, should keep valid"

EURGBP Bear Lines

Thomas Light: "Politics overbearance is front and centre. Constrained Euro fiscal policy could mean ECB easing policy remains for longer. Steeper yield curve helps UK"

Author

More from FXStreet Team
Share:

Editor's Picks

EUR/USD tests nine-day EMA support near 1.1850

EUR/USD remains in the negative territory for the fourth successive session, trading around 1.1870 during the Asian hours on Friday. The 14-day Relative Strength Index momentum indicator at 56 stays above the midline, confirming steady momentum. RSI has eased but remains above 50, indicating momentum remains constructive for the bulls.

GBP/USD consolidates around 1.3600 vs. USD; looks to US CPI for fresh impetus

The GBP/USD pair remains on the defensive through the Asian session on Friday, though it lacks bearish conviction and holds above the 1.3600 mark as traders await the release of the US consumer inflation figures before placing directional bets.

Gold recovers swiftly from weekly low, climbs back closer to $5,000 ahead of US CPI

Gold regains positive traction during the Asian session on Friday and recovers a part of the previous day's heavy losses to the $4,878-4,877 region, or the weekly low. The commodity has now moved back closer to the $5,000 psychological mark as traders keenly await the release of the US consumer inflation figures for more cues about the Federal Reserve's policy path.

Solana: Mixed market sentiment caps recovery

Solana is trading at $79 as of Friday, following a correction of over 9% so far this week. On-chain and derivatives data indicates mixed sentiment among traders, further limiting the chances of a price recovery.

A tale of two labour markets: Headline strength masks underlying weakness

Undoubtedly, yesterday’s delayed US January jobs report delivered a strong headline – one that surpassed most estimates. However, optimism quickly faded amid sobering benchmark revisions.

Solana Price Forecast: Mixed market sentiment caps recovery

Solana (SOL) is trading at $79 as of Friday, following a correction of over 9% so far this week. On-chain and derivatives data indicates mixed sentiment among traders, further limiting the chances of a price recovery.