Euro / British PoundShort
New 2021 low within a few pips of 0.8500...
Prior chart:
The pound gleaned more from LHS on Eur/Gbp action than upgrades to UK GDP or a narrower than anticipated current account shortfall.
Cable popped over 1.3800 when the cross matched its recent 2021 low within a few pips of 0.8500.
Possible further downside anticipated to 0.8450.
The pound gleaned more from LHS on Eur/Gbp action than upgrades to UK GDP or a narrower than anticipated current account shortfall.
Cable popped over 1.3800 when the cross matched its recent 2021 low within a few pips of 0.8500.
Possible further downside anticipated to 0.8450.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.