Euro reversal against British Pound nears 0.8650 after soft Eurozone data
The Euro (EUR) is showing one of the weakest performances among the G8 currencies on Wednesday, and extends its reversal against the British Pound (GBP) to levels nearing 0.8650 at the time of writing, after failing at the 0.8700 area on Tuesday.
The Euro is likely to continue its downward trend against the British Pound, potentially testing lower support levels as market sentiment remains weak due to the recent Eurozone data. A break below 0.8650 could signal further declines.
The Euro (EUR) is showing one of the weakest performances among the G8 currencies on Wednesday, and extends its reversal against the British Pound (GBP) to levels nearing 0.8650 at the time of writing, after failing at the 0.8700 area on Tuesday.
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