EURGBP has risen since beginning of this October, and it had been slightly in downward trend for a week around the end of last September.EURGBP stays around 0.7878 now, and the trend and momentum indicates EURGBP is going to be in steeply downward trend for a coming week. The market consensus about ECB implies EUR is relatively weak particularly to USD. Effect on EURGBP may be limited comparing with EURUSD, however, the upside of EUR is likely limited in short to middle term.
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