By Rob Howard — Nov 08 - 09:40 AM
EUR/GBP elicits support by 0.8307 after falling from 0.8325 (intra-day high)
0.8307 was 1-week low Thursday, after GBP rose on relatively hawkish BoE cut
Trump tariff fears are helping weigh on the euro more than the pound
Trump last week said the EU would "pay a big price" if he was elected
Citi went short EUR/USD on Thursday, initial target 1.0630, stop at 1.0915
BoE must look past budget's temporary inflation hit, Pill says nL8N3MF1KI
Source:
Refinitiv IFR Research/Market Commentary