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British Pound (GBP) Latest: EUR/GBP to Resume Bearish Trend 2021-04-12 08:00:00 Justin McQueen, Analyst Has the EUR/GBP Short Squeeze Run its Full Course? Real Yields Point to 0.86 GBP/USD Stabilises as Key Support Holds EUR/GBP: The Pound has come under notable pressure in recent sessions with last week seeing the currency post its worst week against the USD since December and September against the Euro. A factor behind the recent weakness had stemmed from the short squeeze in EUR/GBP. However, with the move looking to have taken its full course having failed to break the 0.87 handle, GBP may find a bit of stability going forward. What’s more, as we kick off this week, the UK will ease lockdown measures further as non-essential stores and pub gardens reopen (at long last), which remains in stark contrast to Europe, which has extended lockdown measures. In turn, while there will be a time where Europe plays

United kingdomSqueeze runYields pointKey supportResume bearishDaily timeஒன்றுபட்டது கிஂக்டம்விசை ஆதரவுதினசரி நேரம்