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EUR/GBP weighed by divergent CB outlooks & Greek concerns

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

  • Scope seen for BoE hike while ECB QE in full swing

  • Offers likely near 0.7350 (0.73485 = Tuesday top after profit-taking on shorts)

  • 0.7143 (1.40 in GBP/EUR) among bear targets. 0.7317 = Tues 7year+ low 

 

  • Market Data
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