Euro / British PoundShort
Pound looks ripe for another attempt post fresh 2021 lows...
Pound looks ripe for another attempt post fresh 2021 lows against the Euro towards 0.8500 on bearish technical impulses, contrasting COVID-19 factors and comparatively divergent BoE/ECB policy stances.
Aside from the negative impact of Eur/Gbp cross selling, the Euro is also struggling to sustain any real thrust vs the Buck through 1.1900 as the Bund/T-note spread continues to probe 200 bp.
Aside from the negative impact of Eur/Gbp cross selling, the Euro is also struggling to sustain any real thrust vs the Buck through 1.1900 as the Bund/T-note spread continues to probe 200 bp.
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