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Jun 26 - 08:55 AM

EUR/GBP - Offers May Emerge By 0.9091 If 3-Month High Vaulted

By Rob Howard  —  Jun 26 - 07:30 AM
  • Offers may emerge around 0.9091 (GBP/EUR 1.10) if EUR/GBP vaults 0.9077

  • 0.9086 is 50% of 0.95 (11-year high on March 19) to 0.8671 (Q2 low)

  • 0.9077 was Tuesday's three-month high. 0.9065 = two-day high during Ldn am

  • COVID-19 and EU-UK concerns are helping weigh on the risk-sensitive pound

  • EU-UK trade negotiations resume on Monday nL1N2E309EnL8N2E24TR

  • Almost a third of German firms expect no-deal Brexit - survey nL8N2E31R4

EURGBP Click here

Source:
Refinitiv IFR Research/Market Commentary

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