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EUR/GBP rises to 0.7210, inflated by EUR short-covering

  • EUR/GBP rises to 0.7210 buoyed by EUR short-covering on Draghi

  • ECB committed to full QE programme, see stronger recovery 

  • EUR/GBP slumped to 4 week low of 0.7167 before Draghi briefing 

  • Resistance levels are at 0.7216 (early Europe high) & 0.7235 (Tuesday top) 

  • Market Data
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