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Feb 27 - 12:12 PM

EUR/GBP - Threatens Feb 4 High After Adding To Gains

By Rob Howard  —  Feb 27 - 10:15 AM
  • EUR/GBP eyes 0.8535 (Feb 4 high) after building on Ldn am gains nL2N2AR0C4

  • Ascent to threaten 0.8535 has been fuelled by EU-UK trade concerns

  • Britain on collision course with EU over trade nL5N2AR4EHnL5N2AR4E7

  • Risk aversion lends support too: EUR above GBP on safe-haven currency ladder

  • European stocks plunge as pandemic fears mount nL3N2AR37FnL5N2AR5WB

  • Offers may emerge near 0.8547 (GBP/EUR 1.17) if EUR/GBP vaults 0.8535

EURGBP: Click here

Source:
Refinitiv IFR Research/Market Commentary

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