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Thomson Reuters
Apr 04 - 06:12 AM
EUR/GBP - ECB Minutes May Interject On Brexit Focus For EUR/GBP
First appeared on eFXplus on Apr 04 - 03:50 AM
  • The minutes from last month's ECB meeting are due at 1130GMT nL5N20U1N5
  • A more dovish than expected tone could depress EUR/GBP towards 0.8500
  • 0.8503 was Wednesday's one-week low, before Italy service PMI beat
  • See: nL9N1VQ00V. Drop to 0.8503 was spurred by soft Brexit hope
  • Support points below 0.8500 include 0.8475 (GBP/EUR 1.18) and 0.8450
  • 0.8520 = intra-day low, after German industrial orders slump nL8N21M0XA

EURGBP: Click here

Source:
Thomson Reuters IFR Markets

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