EUR/GBP nears the lowest since May

Technical Analysis

Author: Adam Button | eurgbp

September and November lows in focus

September and November lows in focus
EUR/USD is down 35 pips to 0.8879 today and is threatening the Sept/Nov bottom.

The pair has fallen in six straight days as real-money flows following Brexit underpin sterling and the covid numbers in England begin to improve.

That's a big level but we might need to see some consolidation before a true break but watch for more flows into the London fix.

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