‘The result could be to take EUR/GBP close to 0.90 before the long-term downtrend resumes’
I wonder if Kit Juckes of Soc Gen is going to be right? I personally wouldn’t rule it out.
The cross is a touch firmer this morning, up at .8575 from the .8561 which greeted me.
Talk of sell orders now clustered up at .8585/00 ahead of .8600 barrier option interest.
