EUR/GBP Shows Signs of Bottoming Near 0.8600
The euro is trading nearly flat at 0.8615 against the pound on Friday, with price action suggesting a possible bottom after bouncing from the 0.8600 support level.
EURGBP
The euro is trading practically flat around 0.8615 against the British pound on Friday. The pair shows some signs of bottoming after bouncing from the 0.8600 lows, indicating that the sell-off may have exhausted at that key support level.
Traders are watching for a sustained move above 0.8615 to confirm a short-term reversal, though the currency pair remains in a range-bound pattern for now.
Source: FXStreet Forex News