EUR/GBP Daily Analysis

EUR/GBP has printed a bullish rejection of the sloping trendline coupled with MACD divergence. This may be at the beginning of another push to the upside.

GBP was one of the weakest currencies on Tuesday after 'Claimant Count Change' data was released. This is the change in the number of people claiming unemployment-related benefits during the previous month and was over double the previous number.

Look for opportunities to buy if you agree with this analysis and if it meets your strategy rules.