EUR/GBP: Hits New Multi-Month Highs, On Track For Eventual Clear Break of Pivotal Fibo Barrier

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2018/07/f-eur-gbp11.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/07/f-eur-gbp11.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/07/f-eur-gbp11-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>EURGBP holds firm bullish tone and extends fresh bullish acceleration into second consecutive day, trading at the highest levels since late April on Thursday morning. The cross gained pace after lower than expected UK inflation in October deflated pound on fading expectations for further policy tightening. Fresh advance is holding comfortably above pivotal Fibo level [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/527687-eur-gbp-hits-new-multi-month-highs-on-track-for-eventual-clear-break-of-pivotal-fibo-barrier/">EUR/GBP: Hits New Multi-Month Highs, On Track For Eventual Clear Break of Pivotal Fibo Barrier</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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