{"id":105599,"date":"2020-10-05T14:46:33","date_gmt":"2020-10-05T13:46:33","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=105599"},"modified":"2020-10-05T14:46:33","modified_gmt":"2020-10-05T13:46:33","slug":"104459-eur-gbp-trades-near-daily-high-around-0-91","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104459-eur-gbp-trades-near-daily-high-around-0-91\/","title":{"rendered":"EUR\/GBP trades near daily high, around 0.91"},"content":{"rendered":"<ul>\n<li><strong>EUR\/GBP saw buyers jump in at 0.9050 support.<\/strong><\/li>\n<li><strong>Brexit uncertainties keep GBP bulls cautious<\/strong><\/li>\n<li><strong>Euro is well supported for now<\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The EUR\/GBP maintained gains in the -European session. The pair trades around the top of daily range (0.9080-85)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Support is seen at 0.9050s, buyers jumped in helping the pair recover losses from last week.\u00a0 Brexit-related uncertainties is the sole cause of the pound\u2019s underperformance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">UK Prime Minister Boris Johnson and the European Commission President Ursula von der Leyen agreed in a phone call on Saturday to discuss Brexit. The GBP buyers still remained cautious and even shrugged the upwardly revised UK Services PMI.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A weaker US Dollar is boosting the Euro, amid upbeat news surrounding the health of US President Trump\u2019s after he contracted covid last week. Equity markets are also trading higher.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The euro saw additional support from the Eurozone Services PMI prints and not as bad as forecast Sentix Investor Confidence Index, printing at -8.3 for October versus -9.5 expected and -8.0 previous.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Can the pair pick up momentum or will concerns over\u00a0 the economic recovery in Europe amid the second wave of coronavirus infections weigh on demand? It could be prudent to wait for a meaningful move higher.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/GBP saw buyers jump in at 0.9050 support. Brexit uncertainties keep GBP bulls cautious Euro is well supported for now The EUR\/GBP maintained gains in the -European session. The pair trades around the top of daily range (0.9080-85) Support is seen at 0.9050s, buyers jumped in helping the pair recover losses from last week.\u00a0 Brexit-related [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5565,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,2649,1394],"class_list":{"0":"post-105599","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-eur","10":"tag-eur-gbp","11":"tag-gbp"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EUR\/GBP trades near daily high, around 0.91 - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/104459-eur-gbp-trades-near-daily-high-around-0-91\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104459-eur-gbp-trades-near-daily-high-around-0-91\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104459-eur-gbp-trades-near-daily-high-around-0-91\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"EUR\\\/GBP trades near daily high, around 0.91\",\"datePublished\":\"2020-10-05T13:46:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104459-eur-gbp-trades-near-daily-high-around-0-91\\\/\"},\"wordCount\":212,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104459-eur-gbp-trades-near-daily-high-around-0-91\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100622-gbp-eur-tory-leadership-heats-up.jpg\",\"keywords\":[\"eur\",\"eur\\\/gbp\",\"gbp\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104459-eur-gbp-trades-near-daily-high-around-0-91\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104459-eur-gbp-trades-near-daily-high-around-0-91\\\/\",\"name\":\"EUR\\\/GBP trades near daily high, around 0.91 - 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