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May 11 - 05:55 AM

EUR/GBP - Helped To Intra-Day High By Brexit-Related Tension

By Rob Howard  —  May 11 - 03:50 AM
  • EUR/GBP rises to 0.8561 (intra-day high) as EU-UK tension builds

  • UK rejects EU proposals to resolve Northern Irish trade row nL5N2X325R

  • Gove says UK's Truss will meet EU's Sefcovic on Thursday nS8N2W401Q

  • EUR/GBP resistance levels include 0.8576 (Tuesday's high) and 0.86

  • 0.8591 was last Friday's five-month high (0.8595/98 = Nov/Dec highs)

  • UK to enter recession this year, think-tank NIESR forecasts nL5N2X2762

EURGBP Click here

Source:
Refinitiv IFR Research/Market Commentary

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