Created
: 2025.07.17
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
EUR/GBP breakout signals Fresh upside - Société Générale
World FX news
Breaking news
EUR/GBP breakout signals Fresh upside - Société Générale
2025.07.17 19:05
2025.07.17 19:05
EUR/GBP has broken out of its recent consolidation range, confirming renewed bullish momentum. With technical indicators supportive, the pair now targets higher levels, provided key support at 0.8585 holds, Société Générale's FX analysts note.
EUR/GBP eyes April highs after breakout
"EUR/GBP broke above the upper boundary of its recent base, signaling a resurgence in upward momentum. This is further supported by the daily MACD, which remains anchored in positive territory."
"If a short-term pullback develops, last month's peak at 0.8585/0.8575 serves as a key support level. The next potential objectives could be located at the April high at 0.8725/0.8735 and projections near 0.8780."
Last updated
: 2025.07.17
Related articles
EUR: Good momentum into Trump-Putin summit - ING
6 minutes agoEUR/GBP dips to multi-week lows below 0.8600 after bright UK data
6 minutes agoNZD/USD retreats from two-week top, slides to mid-0.5900s amid goodish USD recovery
34 minutes agoUS Dollar Index rebounds toward 98.00 ahead of Producer Price Index data
45 minutes agoGBP/JPY find ground near 198.60 on upbeat UK GDP data
47 minutes agoPound Sterling hits one-month high as UK GDP data beats estimates
2025.08.14 16:08
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
Dow Jones futures moves little ahead of US economic data
Dow Jones futures steadied during early European trading on Thursday, ahead of the regular North American market open, trading near 45,000. S&P 500 futures fell 0.8% to trade near 6,450, while Nasdaq 100 futures declined 0.8%, trading near 23,900.
New
2025.08.14 17:20Oil falls on bearish fundamentals - ING
The oil market came under further pressure yesterday, settling under US$66/bbl for the first time since early June. Sentiment was bearish following releases from the International Energy Agency (IEA) and Energy Information Administration (EIA).
New
2025.08.14 17:18EUR: Good momentum into Trump-Putin summit - ING
EUR/USD is approaching tomorrow's US-Russia summit with good momentum, and the option market does not seem to be pricing in major volatility risk, ING's FX analyst Francesco Pesole notes.
New
2025.08.14 17:16EUR/GBP dips to multi-week lows below 0.8600 after bright UK data
The Euro extended losses as the Pound Sterling surged across the board on Thursday, as stronger-than-expected UK GDP and Manufacturing production figures provided further reasons for the BoE to keep interest rates steady for some time.Data released by National Statistics showed that the UK economy g
New
2025.08.14 17:16NZD/USD retreats from two-week top, slides to mid-0.5900s amid goodish USD recovery
The NZD/USD pair faces rejection near the 50-day Simple Moving Average (SMA) on Thursday and retreats from the vicinity of the 0.6000 psychological mark, or over a two-week high touched the previous day.
New
2025.08.14 16:48US Dollar Index rebounds toward 98.00 ahead of Producer Price Index data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is trading around 97.80 during the early European hours on Thursday after recovering daily losses.
New
2025.08.14 16:36GBP/JPY find ground near 198.60 on upbeat UK GDP data
The GBP/JPY pair finds a temporary cushion near 198.60 during Thursday's European session after correcting sharply from the psychological level of 200.00 earlier in the day. The pair attracts some bids after the release of the United Kingdom (UK) Gross Domestic Product (GDP) and the factory data.
New
2025.08.14 16:34Pound Sterling hits one-month high as UK GDP data beats estimates
The Pound Sterling (GBP) attracts bids against its major peers on Thursday on upbeat United Kingdom (UK) Gross Domestic Product (GDP) and factory data.
New
2025.08.14 16:08WTI recovers above $62.00 as traders await US-Russia peace talks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.30 during the early European trading hours on Wednesday.
New
2025.08.14 15:58Forex Today: Pound Sterling benefits from Q2 GDP, US Dollar awaits mid-tier data
Here is what you need to know on Thursday, August 14:
New
2025.08.14 15:52Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
