EUR/GBP negative below 0.8819 – Commerzbank

The stance on the European cross remains negative while below 0.8819, commented Karen Jones, Head of FICC Technical Analysis at Commerzbank. Key Quotes “EUR/GBP’s outlook stays negative while capped by its downtrend from August last year at .8819 and its 200 day ma at .8849, and we maintain a negative bias while capped here”. “We […]

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