{"id":106687,"date":"2020-11-18T22:02:36","date_gmt":"2020-11-18T22:02:36","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=106687"},"modified":"2020-11-18T22:03:23","modified_gmt":"2020-11-18T22:03:23","slug":"eur-gbp-trades-near-weekly-low-below-0-89s","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/eur-gbp-trades-near-weekly-low-below-0-89s\/","title":{"rendered":"EUR\/GBP trades near weekly low below 0.89s"},"content":{"rendered":"<ul>\n<li><strong>EUR\/GBP trended lower for a second straight session on Wednesday.<\/strong><\/li>\n<li><strong>\u00a0Brexit trade deal optimism supported the pound.<\/strong><\/li>\n<li><strong>Weaker USD underpinned the Euro.<\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The EUR\/GBP trended lower in the mid-European session trading towards the lower end of its weekly trading range sub 0.8950s. The pair extends losses for a second straight session thanks mainly to a stronger Pound.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Hopes that the EU &amp; the UK could reach a Brexit trade deal by early next is boosting the Pound. Better-than-expected UK consumer inflation data added to the upbeat mood pressurising the EUR\/GBP cross.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile the Euro benefitted from a weaker US dollar only factor that helped limit further losses for the EUR\/GBP cross, at least for now.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Investors might wait for Brexit updates before placing any aggressive bets. The EU negotiators are expected to update\u00a0 the bloc&#8217;s 27 member states on the latest in trade talks with Britain at 0700 GMT on Friday.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Any subsequent fall could find solid support attracting dip-buying near 0.89.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/GBP trended lower for a second straight session on Wednesday. \u00a0Brexit trade deal optimism supported the pound. Weaker USD underpinned the Euro. The EUR\/GBP trended lower in the mid-European session trading towards the lower end of its weekly trading range sub 0.8950s. The pair extends losses for a second straight session thanks mainly to a [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5569,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[],"class_list":{"0":"post-106687","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-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 weekly low below 0.89s - 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\/eur-gbp-trades-near-weekly-low-below-0-89s\/\" \/>\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\\\/eur-gbp-trades-near-weekly-low-below-0-89s\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/eur-gbp-trades-near-weekly-low-below-0-89s\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"EUR\\\/GBP trades near weekly low below 0.89s\",\"datePublished\":\"2020-11-18T22:02:36+00:00\",\"dateModified\":\"2020-11-18T22:03:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/eur-gbp-trades-near-weekly-low-below-0-89s\\\/\"},\"wordCount\":172,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/eur-gbp-trades-near-weekly-low-below-0-89s\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100624-gbp-eur-no-deal-brexit-fears.jpg\",\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/eur-gbp-trades-near-weekly-low-below-0-89s\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/eur-gbp-trades-near-weekly-low-below-0-89s\\\/\",\"name\":\"EUR\\\/GBP trades near weekly low below 0.89s - 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