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Nov 19 - 06:55 AM

GBP/USD Hit Beside EUR/USD Amid Broad Euro Drop

By Richard Pace  —  Nov 19 - 05:01 AM
  • Austria lockdown from Monday, Germany not ruling one out nS8N2Q002R

  • Weighs broader euro, EUR/USD hit sub 1.1300, GBP/USD suffers beside

  • GBP/USD little changed by 1.3500 after strong retail sales nL1N2SA0CM

  • Its since fallen to new daily lows at 1.3420, before meeting demand

  • Focus on euro and EUR/USD for Cable direction while EUR/GBP supported

  • EUR/GBP clinging to low 0.84's throughout. Thu-Wed 20mth lows prop 0.8385-84



For more click on FXBUZ


GBP=D3 Click here

Source:
Refinitiv IFR Research/Market Commentary

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