{"id":107340,"date":"2020-12-21T10:27:10","date_gmt":"2020-12-21T10:27:10","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107340"},"modified":"2020-12-21T10:28:23","modified_gmt":"2020-12-21T10:28:23","slug":"105085-eur-gbp-to-a-rousing-start-amid-virus-and-brexit-worries","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105085-eur-gbp-to-a-rousing-start-amid-virus-and-brexit-worries\/","title":{"rendered":"EUR\/GBP to A Rousing Start amid Virus and Brexit Worries"},"content":{"rendered":"<ul>\n<li><span style=\"font-weight: 400\"> \u00a0 GBP weighed down by multiple factors.<\/span><\/li>\n<li><span style=\"font-weight: 400\"> \u00a0 EUR\/GBP gaps up.<\/span><\/li>\n<li><span style=\"font-weight: 400\"> \u00a0 US dollar demand weighs on EUR\/USD.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">The abrupt and severe lockdown imposed in London and southeast England by the UK Prime Minister Boris Johnson to stop the fast-spreading new coronavirus-variant triggered selling in the British pound and helped the EUR\/GBP to trade strongly near day&#8217;s highs around the 0.9135-40 region.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The pair opened the new week with a bullish gap and traded firmly up during the Asian session. The deadlock in the post-Brexit trade-deal talks over the issue of access to the UK&#8217;s fishing waters also helped GBP bulls.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The European Parliament&#8217;s deadline to receive the text of any deal for its ratification, before the end of the transition period, is on Sunday.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The developments surrounding the pandemic and Brexit overshadowed the positive news on the much-awaited US fiscal bill. Also, the FDA approved Moderna&#8217;s coronavirus vaccine for emergency use. The US dollar was back in demand, exerted some pressure on the EUR\/USD, and could cap the gains in the EUR\/GBP.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The pair has regained some 150 pips from last week swing low around 0.8980. As the economic dockets are scarce in both the EU and UK, Brexit as well as pandemic headlines could drive the EUR\/GBP action in the day ahead.<\/span><\/p>\n<p>At the time of writing, one Euro buys 0.9194 British Pounds, up 1.58% as of 10:24 AM UTC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 GBP weighed down by multiple factors. \u00a0 EUR\/GBP gaps up. \u00a0 US dollar demand weighs on EUR\/USD. The abrupt and severe lockdown imposed in London and southeast England by the UK Prime Minister Boris Johnson to stop the fast-spreading new coronavirus-variant triggered selling in the British pound and helped the EUR\/GBP to trade strongly [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":5565,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1386,2649,2412,3200,2749],"class_list":{"0":"post-107340","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-brexit","10":"tag-eur-gbp","11":"tag-eur-usd","12":"tag-pm-boris-johnson","13":"tag-uk-lockdown"},"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 to A Rousing Start amid Virus and Brexit Worries - 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