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EUR/GBP eyes 2008 low

Contradicting BoE vs ECB monetary policy outlooks help weigh on EUR/GBP Risk of BoE rate hike in full swing 2008 low of 0.73205 risked, 0.7307 & 0.7299 supports below 0.7307 = 76.4% fibo of 0.6536 (2007 low) to 0.9805 (2…

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  • Contradicting BoE vs ECB monetary policy outlooks help weigh on EUR/GBP

  • Risk of BoE rate hike in full swing

  • 2008 low of 0.73205 risked, 0.7307 & 0.7299 supports below

  • 0.7307 = 76.4% fibo of 0.6536 (2007 low) to 0.9805 (2008 all-time high)

 

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