By Rob Howard — Apr 14 - 05:35 AM
EUR/GBP eyes 0.8850 after adding to recent gains. 0.8850 = GBP/EUR 1.13
0.8837 was Thursday's three-week high, after EUR/USD outperformed GBP/USD
EUR/GBP supported by expectation ECB to hike more than BoE through autumn
ECB set for 25 or 50 bps hike May 4; BoE set for 25 bps hike or hold May 11
Resistance levels beyond 0.8850 include 0.8864 (March 23 high) and 0.8900
Source:
Refinitiv IFR Research/Market Commentary