Friday, October 16, 2026

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EUR/GBP tests support at 0.7353, M&A news supports GBP

EUR/GBP tests 0.7353 support level after sliding from 0.7381 (post-NY option cut high) 0.7353 = 1.36 in GBP/EUR. 0.73565 = London am low GBP supported by M&A news, RBS agrees to sell Coutts International to UBP-FT Swiss …

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

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  • EUR/GBP tests 0.7353 support level after sliding from 0.7381 (post-NY option cut high)

  • 0.7353 = 1.36 in GBP/EUR. 0.73565 = London am low

  • GBP supported by M&A news, RBS agrees to sell Coutts International to UBP-FT 

  • Swiss bank is expected to pay about GBP 400mn to 540mn

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By FxWirePro Team