By Rob Howard — Mar 29 - 06:40 AM
EUR/GBP reaches 0.8440 after rising further from 0.8322 (Monday's low)
0.8440 is highest level since March 17 (when BoE delivered 'dovish hike')
Euro stronger as Russian/Ukrainian negotiators meet in Turkey nL5N2VV66A
Monday's relatively dovish comments from BoE Governor Bailey weigh on GBP
See: nL5N2VV34I. 0.8457 and 0.8471 (200DMA) are EUR/GBP resistance levels
0.8457 was five-week high on March 17. 0.8400 is now a support point
EURGBP Click here
Source:
Refinitiv IFR Research/Market Commentary