Investors now await US consumer price data on Wednesday to gauge whether the Fed might ease a bit in its inflation fight and provide better footing for the economy to grow.

As long as the EURGBP pair stays below 0.8488 on a daily basis, we will follow the support level at 0.8415. On the other hand, if the price goes beyond 0.8488, the resistance level will be at 0.8415.

Support: 0.8415
Resistance: 0.8488 - 0.8535 - 0.8626

09 Aug 22 (Tue)

04:59 am