Post Tagged with: "Parity"
EUR/GBP at Parity Very Soon
The EUR/GBP cross currency pair is getting stronger for already 6 weeks. Since November 12th, it broke a resistance line at 0.82. Before that, it was trading in a narrow range between 0.77 and 0.81. Since November 12th, it has one direction: up. While the economic crisis weakened the US dollar against the all currencies,