Derived Data That Drive Results
By Justin Mcqueen — Apr 26 - 12:25 PM
EUR/GBP grinds higher, however, topside momentum is slowing
Struggle to close above Mar 23 peak (0.8864) provides bears with hope
Divergence between cross and EZ/GB 5yr rate spread raises downside risks
Risk event to dictate EUR/GBP will be Friday's regional EZ CPI readings
CPI figures to determine size of next ECB hike0#ECBWATCH
For more click on FXBUZ
EUR/GBP vs EZ/GB 5yr spreads Click here
EURGBP daily chart Click here
Source:
Refinitiv IFR Research/Market Commentary
