EUR/GBP fails to surpass the 100-day SMA amid GBP’s

Share: EUR/GBP retreated near 0.8630 after being rejected by the 100-day SMA at 0.8670. Q2 GDP data from the UK avoided stagnation, surpassing market expectations. Higher British yields help the Pound trade stronger against most of its rivals. In Friday’s session, the GBP traded with gains agains most of its rivals as the