EUR to edge north on the Pounds misery

EURGBP As Brexit talks continue between the EU and the UK, the market is still not optimistic of any positive news to come out of these meetings.

Still investors worry of a no deal Brexit as its beginning to be a scenario that might happen as negotiators from both sides still fail to agree on terms, The UK announced its lowest Unemployment numbers in 43 years last week did this did not help the price much which shows how strong the bearish sentiment around the GBP is, This along with the Turkish Lira worries simmering down has helped the EUR edge higher.

last Week the ECB announced CPI to be 2.1% which shows inflation above the ECB's 2% target.

this might lead investors to predict a hawkish approach from the ECB which could take the EUR higher.

Buyers would be expected to take prices higher to try test its previous high of 0.9030 and try break it to the north,
On a longer term period, the break of the channel to the upside could take price to target 0.9150