British Pound (GBP) Latest: Negative Rates and New Lockdown Limit Downside in EUR/GBP
British Pound (GBP) Latest: Negative Rates and New Lockdown Limit Downside in EUR/GBP Key Talking Points: EUR/GBP may continue to hover around the 38.2% Fibonacci The British Pound is gathering buyer support to end the week after a new national lockdown caused a pullback in the British currency at the start of the new year. GBP/USD has been hovering around the 1.36 line for the past few sessions after bullish momentum was rejected in an attempt to break above 1.37. But USD crosses are coming under pressure this morning as markets are pricing in weak NFP numbers this afternoon, appealing to th...
Source: dailyfx.com