GBP/EUR: Pound Rallies Ahead Of BoE Announcement

EUR/USD rebounds returning to 1.1870/80 band.
Beyond this resistance sits at 1.1917.

EUR/USD recovers from Tuesday’s pullback but remains below the- 1.19 handle

A push through 1.1920 could open the door to August’s high at 1.1965 ahead of the 2020 top above the psychological 1.20 level.

Longer term, EUR/USD trend remains bullish as long the pair holds above the 200-day SMA,  1.1213 (today).