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EURGBP is still challenging resistance

GBP
  • EURGBP resistance noted at 0.8791 High Nov 07, has so far held, did print a 0.87962 high and highest print in nearly a Month (12th October).
  • EURGBP is still challenging that resistance, and a clear break above the 0.88000 figure, would eye the October high, at 0.88669.
  • There has been no clear new trigger for the move in the Pound against the EUR and the USD this morning.

Chart source: MNI/Bloomberg

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  • EURGBP resistance noted at 0.8791 High Nov 07, has so far held, did print a 0.87962 high and highest print in nearly a Month (12th October).
  • EURGBP is still challenging that resistance, and a clear break above the 0.88000 figure, would eye the October high, at 0.88669.
  • There has been no clear new trigger for the move in the Pound against the EUR and the USD this morning.

Chart source: MNI/Bloomberg