Orion-Markets

EUR/GBP A Key Area!

OANDA:EURGBP   Euro / Sterlina
An interesting pair to watch over the coming days with Brexit now agreed and the European commission passing the deal through, the pound was expected to rally. Instead we've seen low level movement a no real sing of any strong direction and established trend. This morning we saw the FTSE open up indicating more stability in the market place, but as the financial markets were not mentioned in this deal we have heard rumours of banks pushing towards towards talks of negative interest rates again. One thing is for sure the deal was not a good one for the UK and early reports suggest will have a largely negative impact over the coming months.

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