The EUR/GBP Pair Has A Chance To Break Above The Steep Downward Trend Line

Mexican Rate Spread: Tight vs. Central Bank's Rate Spread and Implications for Dis-inversion

GBPUSD is once again testing long term pivot around 1.14. Seems like it has trouble breaking above.
EURGBP is set to rebound from supports and has 0.90 in sight 

 is touching the Pivot at around 1.14 as mentioned in earlier analysis:

 If GBPUSD breaks above 1.15 there is room up to around 1.1738. However, 55 SMA is coming down indicating underlying sentiment is declining and RSI is still below 60 threshold and must close above to reverse that. . GBPUSD slides back and RSI drops back below 40 last week’s lows at around 1.0922 is likely to be tested but lower levels are quite likely to be seen .

EURGBP is bouncing off 100 SMA around 0.8571 support, now back above 55 SMA. RSI has bounced off its 40 Threshold and sentiment is still positive indicating EURGBP could rebound further from here. If EURGBP breaks above the steep falling trendline minor resistance at 0.8867 is likely to be tested.
First sign of this scenario to play out is likely to be RSI breaking above its falling trendline. Keep an eye on that to occur.
If EURGBP on the other hand, breaks below 0.8570 and RSI closes below 40 it is likely to reverse the scenario and EURGBP to drop further to 0.8450-0.8350.


Mexican Rate Spread: Tight vs. Central Bank's Rate Spread and Implications for Dis-inversion

Saxo Bank

Saxo Bank is a global investment bank with a Danish banking license.
It is subject to strict regulation in 15 jurisdictions, including Denmark, the United Kingdom, and Singapore. We also hold banking licenses in Denmark and Switzerland.
When you invest with Saxo Bank, you have access to a state-of-the-art trading platform and over 40,000 financial instruments, including more than 22,000 stocks from 50 stock exchanges worldwide. It also provides access to global analyses prepared by a world-class analytical team.