The EUR/GBP is falling back into 0.8640 after an early bid for the Euro (EUR) on the back of dovish comments from Bank of England (BoE) Chief Economis
The EUR/GBP is seeing a fall back into Friday's range after the Euro's early bid ran out of steam. The GBP softened after a dovish showing for BoE officials, but the EUR failed to capitalize. It's a UK-heavy economic calendar theme for this week's data docket. tHuw Pill, which sparked a brief pullback in the Pound Sterling .
On the EU side, Wednesday also sees the EU's Core Harmonized Index of Consumer Prices, with the annualized figure for September seen flat at 4.5%. EUR/GBP Technical Outlook The Euro flubbed a bullish run early Monday, and intraday action has the EUR/GBP pair tumbling from the day's high of 0.8671 back into the 200-hour Simple Moving Average near 0.8645. Bearish action will see the pair falling further into Friday's lows near 0.
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