Friday, October 16, 2026

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EUR/GBP eyes former resistance level at 0.73

EUR/GBP former resistance level at 0.73 eyed after retreating from 0.7332 0.7301 = Mar 2 high. 0.7332 = highest level for cross since Feb 25 Earlier break thru 0.73 spurred by weak CBI exports gauge 0.7289 (Mar 18 high) …

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • EUR/GBP former resistance level at 0.73 eyed after retreating from 0.7332

  • 0.7301 = Mar 2 high. 0.7332 = highest level for cross since Feb 25

  • Earlier break thru 0.73 spurred by weak CBI exports gauge 

  • 0.7289 (Mar 18 high) & 0.7265 (Friday's high) among sub-figure supports

  • UK Feb inflation data due Tuesday. CPI forecast +0.1% y/y vs 0.3% in Jan

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