The EUR/GBP fell off recent consolidation to etch in a new October low near 0.8631, and the pair is pinned into the low end heading into the Tuesday t
EUR/GBP falls into familiar lows near 0.8630 as Euro slips a new bottom into near-term consolidation. The BoE's Mann shows her hawkish feathers during a speech in Dallas. EU Sentix Investors Confidence fails to inspire Euro bull run, ECB Lagarde speech in the barrel for Tuesday. rading session. The European Sentix Investor Confidence reading for October couldn't prop up the Euro meaningfully, despite a better-than-expected print of -21.9, a slight downtick from the previous read of -21.
On Wednesday, it's UK production day, with Industrial and Manufacturing Production on the docket, alongside Gross Domestic Product for the third quarter and Trade Balance figures. Wednesday will also see speeches from the ECB's Elderson and Panetta, followed by the ECB's latest meeting minutes, to be published at 11:30 GMT. EUR/GBP Technical Outlook The Euro is down 0.83% against the Pound Sterling from September's peak of 0.
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