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EUR/GBP clings to gains above 0.8450 as Brexit woes cloud the GBP again

1 month ago   |   By FXCM

BoE's Chief Economist Huw Pill: Inflation in the UK could top 5%.
Brexit: The EU could terminate the post-Brexit trade deal with the UK.
EUR/GBP: The 1-hour chart depicts the pair is tilted to the upside, confirmed by RSI at 63.50 and aiming higher.
The EUR/GBP edges higher as the New York session progresses, gains almost half percent, trading at 0.8461 during the day at the time of writing. In the Asian session, the pair reached the day's lows, around 0.8420, as the Bank of England Chief Economist Huw Pill said UK inflation could hit 5%.
In an interview with the Financial Times, Huw Pill...
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