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28 October 2020
2 min read

EUR and GBP breaking up?

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G̶u̶t̶e̶n̶ ̶M̶o̶r̶g̶e̶n̶

Good morning.

Here's a trade idea for you on EURGBP

I want to get this out nice and quickly so I'll summarise quickly so you can digest it.

The threat of these European lockdowns in my mind are weighing heavily on an already fragile Eurozone.

Today, Macron is expected to announce a national lockdown for France, and Spain has already been provided with the powers to impose a national lockdown...

With inflation being pretty subdued in the bloc, I think this will pressure the Euro, since the effects of

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