The pair is often called 'The Cable', as the first transatlantic communication cable run across the floor of the Atlantic, connecting Great Britain with The United States, was used to transmit currency prices between the two economies. Sie rechnen durchschnittlich mit Preisen um rund 1, gegen Ende des Jahres Mehrere Tage bis mehrere Wochen. This enables the comparisson between the average forecast price and the effective close price.
Find out the fundamentals that look likely to drive future price action. Despite Italian bond yields pulling back, the Euro has been unable to hold onto earlier gains. But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.
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Gonçalo Moreira, Research expert at Fxstreet, explains: The prediction helps traders detect sentiment extremes and thereby limit their eventual toxic herd behavior. This graph is available for each time horizon 1 week, 1 month, 1 quarter. We also indicate the average price prediction as well as the average bias.
By the end of the year , the average outlook for the pair is 1, Read more details about the poll. This article is a part of European Union law that sets out the process by which member states may withdraw from the European Union, whose use became extensively debated after the referendum held in the United Kingdom on 23 June in which a majority of those voting favoured the United Kingdom's withdrawal from the European Union.
The moves and decisions taken by the new president of the United States, Donald Trump , and his administration will also probably impact the cable. This group also includes the following currency pairs: