GBP/USD to struggle around the 1.2000 gravity line – ING GBPUSD EURGBP Banks
EUR/GBP to test 0.8600 in the coming days
“The extended correction in the Dollar is now pushing the Cable towards the 1.2000 gravity line. Expect some resistance around that level given the lack of strong domestic bullish drivers for“GBP’s greater sensitivity to risk sentiment compared to the Euro means that further improvements in global risk sentiment can pushInformation on these pages contains forward-looking statements that involve risks and uncertainties.
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