EUR/GBP touched a low of 0.8492 before bouncing back following weak UK PMIs. Economists at Société Générale analyze the pair’s technical outlook. Decl
EUR/GBP touched a low of 0.8492 before bouncing back following weak UK PMIs. Economists at Société Générale analyze the pair’s technicalEUR/GBP has experienced a steady pullback after forming a lower high at 0.8670. July trough at 0.8500 is next potential support.
If the pair fails to defend 0.8500, the decline could extend towards next projections at 0.8455/0.8440. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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