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Mar 25 - 08:55 AM

EUR/GBP - Remains Bullish, Despite Setback From 0.86

By Justin Mcqueen  —  Mar 25 - 06:35 AM
  • Flat start to the week for EUR/GBP. BoE's Mann (hawk) to garner attention

  • First speech (1415GMT) since joining BoE majority nL2N3FZ1IH

  • While yield spreads continue to point towards EUR/GBP topside

  • 100/200DMA resistance at 0.86 remains a stumbling block

  • Prior resistance, now support at 0.8576-78 tested

  • Daily close below support would likely put focus back on 2-month range

For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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