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Thomson Reuters
Oct 08 - 12:12 PM
EUR/GBP Eyes 15-Week Low As EUR/USD Sags On Italy Concerns
First appeared on eFXplus on Oct 08 - 09:50 AM
  • EUR/GBP drop to threaten 0.8777 spurred by EUR/USD fall to 1.1460 (EBS)
  • 0.8777 was Friday's 15-week low (when GBP rose on Brexit deal hope)
  • Euro losses fuelled by Italy budget concerns nL8N1WO12Q
  • 1.1460 = seven-week low for EUR/USD (1.1463 was last week's low)
  • Cross scaled intra-day peak of 0.8807 at 1100GMT when GBP/USD fell to 1.3029
  • See: . 0.8772 is a support level, equates to 1.14 GBP/EUR

EURGBP: Click here

Source:
Thomson Reuters IFR Markets

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