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GBP/USD hits a new interim low as EUR/GBP lifts again
The Pound is under pressure again just now. The EUR/GBP has pushed its way to around 0.8625 once more and that has weighed on the GBP/USD, as the EUR/USD drifts back from its earlier high and towards 1.0925. So, that has left the GBP/USD little choice but to fall to a fresh interim low this week, underneath 1.2673. The Pound is now approaching its 200 day moving average again, but that has so far capped the base this week and it could be that we still have some buyers in place ahead of 1.2658. The low seen just now was set at 1.2670. The Pound is currently trading at 1.2674
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