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Jun 17 - 06:55 AM

EUR/GBP - Bulls Feel The Heat Close To 0.90 Again

By Rob Howard  —  Jun 17 - 05:15 AM
  • EUR/GBP ran into resistance ahead of 0.90 after extending north from 0.8913

  • 0.8990 = early Europe two-day high. 0.8913 was Tuesday's low

  • EUR/GBP topped out close to/above 0.90 ten times in the past 15 trading days

  • 0.8980 is 80% above 0.5681 lifetime low/20% below 0.9805 lifetime high

  • EU/UK talks to enter "hot phase" from Sept-German govt document nS8N2AL08Z

  • BUZZ-Pound set for more oohs and aaghs from EU talks nL1N2DT0DW

EURGBP Click here

Source:
Refinitiv IFR Research/Market Commentary

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