EUR/USD, EUR/GBP and AUD/USD come off this week's highs - IG

EUR/GBP slips towards October low

Over the last few weeks EUR/GBP has swiftly come off its six-month high at £0.8766 towards its October £0.8617 low.

Given the speed of the recent descent, a fall through £0.8617 looks probable with the late August high at £0.8611 and the early June and mid-September lows at £0.8569 to £0.8568 then being in focus.

The early November low at £0.865 is likely to act as resistance, should a minor rebound be seen at all.

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2023-11-30 09:58:47Z
CBMibWh0dHBzOi8vd3d3LmlnLmNvbS9lbi1jaC9uZXdzLWFuZC10cmFkZS1pZGVhcy8tLWV1ci11c2QtLWV1ci1nYnAtYW5kLWF1ZC11c2QtY29tZS1vZmYtdGhpcy13ZWVrcy1oaWdocy0yMzExMzDSAQA

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