TD trade of the week: Sell EUR/GBP
Summary
By sueyangfx.com September 15, 2020 at 06:09PM The weekly FX pick from TD Securities TD recommends selling EUR/GBP (spot 0.9200) with a target of 0.9100 and a stop at 0.9320 in its weekly FX pick. “We think with EUR/USD likely […]
More On Forexlive RSS Breaking News Feed
- Eurozone June trade balance €12.4 billion vs €9.3 billion expected
- Eurozone June industrial production -0.3% vs -0.2% m/m expected
- Eurozone May trade balance €9.4 billion vs €7.9 billion expected
- Eurozone May industrial production -1.0% vs -0.3% m/m expected
- ECBs Knot: Ground for Euro area recovery getting firmer and firmer
September 15, 2020 at 06:09PM
The weekly FX pick from TD Securities
TD recommends selling EUR/GBP (spot 0.9200) with a target of 0.9100 and a stop at 0.9320 in its weekly FX pick.
“We think with EUR/USD likely to consolidate at its recent highs, we focus our attention to EUR/GBP as a better candidate to fade recent GBP weakness and add it