Derived Data That Drive Results
By Justin Mcqueen — Apr 19 - 12:20 PM
EUR/GBP +0.44%, resistance at 0.8585 breached on dovish BoE remarks
BoE's Ramsden "inflation risks now tilted to the downside" nL2N3GS1X3
Pricing for first BoE cut shifts to Aug from Sep 0#BOEWATCH
Still a risk of a June rate cut given two CPI prints before June meeting
Close above 0.8585 would be a boost for bulls
A break of the 200-DMA (0.8606) can spark fresh upside momentum
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EURGBP daily chart Click here
Source:
Refinitiv IFR Research/Market Commentary
