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Pound on the rebound as EUR/GBP hits fresh interim lows

Earlier this morning I noted here, that the downward trend in the EUR/GBP was still intact, despite rising off the low seen yesterday. Well, it seems someone up there was listening to me, because the EUR/GBP has now taken out the lows seen yesterday an it is now pressing closer to the 0.8600 handle. There could be some buying interest at that level, but that is not certain and there is no information of such here. Beyond that pundits are citing support at 0.8569. The move lower is derived from a further lift in the GBP/USD, at the same time as the EUR/USD hits European session lows underneath 1.0890. The low seen in the EUR/GBP has so far been at 0.8606 

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