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Sep 15 - 05:55 AM

EUR/GBP - Remains Above 0.92 After UK PM's Vote Win Monday

By Rob Howard  —  Sep 15 - 03:35 AM
  • EUR/GBP has traded above 0.92 since jumping through that level last Thursday

  • 0.9201 was Monday's low. Rise through 0.92 was fuelled by messy Brexit fears

  • UK PM Johnson clears first hurdle for Brexit treaty breach nL8N2GB0MW

  • Cross could extend north towards 0.95 if likely attempt to amend bill fails

  • 0.95 was 11-year high in March (0.9290 was last Friday's 24-week peak)

  • EU to delay euro clearing decision on Brexit divorce threat nL8N2GC1JL

EURGBP Click here

Source:
Refinitiv IFR Research/Market Commentary

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