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EUR/GBP weighed by BoE vs ECB outlooks

Contradicting BoE & ECB monetary policy outlooks weigh on EUR/GBP 0.7305 = new 7year+ low for cross (0.7309 = Asia low; 0.7314 = Weds low) Bids tipped at 0.73 (0.7299 = 1.37 in GBP/EUR). Offers seen at 0.7340 0.7340 = Fe…

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

  • 0.7305 = new 7year+ low for cross (0.7309 = Asia low; 0.7314 = Weds low)

  • Bids tipped at 0.73 (0.7299 = 1.37 in GBP/EUR). Offers seen at 0.7340

  • 0.7340 = Feb 20 low. 0.7345 = Weds high. 0.73485 = Tues top

 

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