Also firmer against the Greenback, as Sterling consolidates...
Also firmer against the Greenback, as Sterling consolidates around 1.2850 and above 0.9100 vs the Euro amidst more positive sounding Brexit vibes. According to latest media reports, the EU has relented on its criteria for crafting a joint trade deal text that required a broad agreement on all outstanding issues, while head of the European Commission von der Leyen has repeated that she is ‘convinced’ a pact with the UK is possible.and Euro in the high 1.1600 area, still defying relatively strong month end sell signals vs the Buck and weak Eurozone inflation data from the German states indicating a clear downward bias to the flat y/y national consensus. However, Eur/Usd remains bearish from a chart perspective while closing below a key fib retracement level just below 1.1700.
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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.