The European cross should meet initial resistance around 0.8920, while the BoE could deliver a hawkish message on Thursday, noted Valtteri Ahti, Chief Strategist at Danske Bank. Key Quotes “EUR/GBP continues to grind higher and given that a Brexit deal will most likely not be reached before December at the earliest, we still see risks mainly skewed on the upside near term”. “Technically, resistance is seen at 0.8920 (1 October high). We do not expect the BoE to find it necessary to send a more hawkish signal to the markets at the MPC meeting on Thursday although it remains a possibility given wages are growing at the fastest pace in this cycle (3.1% y/y)”. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Litecoin Technical Analysis: LTC/USD bulls are looking to retest the breached pennant pattern FX Street 4 years The European cross should meet initial resistance around 0.8920, while the BoE could deliver a hawkish message on Thursday, noted Valtteri Ahti, Chief Strategist at Danske Bank. Key Quotes "EUR/GBP continues to grind higher and given that a Brexit deal will most likely not be reached before December at the earliest, we still see risks mainly skewed on the upside near term". "Technically, resistance is seen at 0.8920 (1 October high). We do not expect the BoE to find it necessary to send a more hawkish signal to the markets at the MPC meeting on Thursday although it remains a… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
