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Thomson Reuters
Mar 07 - 02:36 AM
EUR/GBP - EUR-ECB's Draghi And EUR Likely Pivotal For EUR/GBP Today
First appeared on eFXplus on Mar 07 - 12:20 AM
  • EUR flat in Asia and EUR/GBP is off 0.1% - ECB will be key for EUR & EUR/GBP
  • Brexit impasse unlikely to impact EUR or GBP in next 24 hours nL5N20T2F6
  • ECB expected to lower forecasts and commit to fresh TLTRO nL3N20T2PR
  • Key will be how Draghi's tone is perceived at the ECB press conference
  • EUR/GBP support starts at 0.8574, 61.8% Feb-Mar bounce, then 0.8529 Feb low
  • Resistance comes in at yesterday's 0.8619 top then this week's 0.8647 high

eug mar 5 Click here

Source:
Thomson Reuters IFR Markets

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