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The Euro (EUR) loses some upside momentum against the US Dollar (USD), prompting EUR/USD to trade slightly on the defensive around the 1.0840 zone at the end of the week.
After a down week, Pound Sterling buyers fought back control against the United States Dollar (USD), sending GBP/USD briefly above 1.2500 to a two-month high.
The Euro (EUR) manages to generate some upside traction against the US Dollar (USD), motivating EUR/USD to attempt a tepid bounce to the 1.0860 zone on Thursday.
The Pound Sterling (GBP) faced a sell-off after reaching a two-month high as price pressures in the UK economy softened significantly in October.
The Euro (EUR) loses some upside momentum against the US Dollar (USD), motivating EUR/USD to give away part of the recent strong gains and revisit the 1.0870 zone on Wednesday.