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ECB Commentary: Downside risks building – TDS

As fully expected, the ECB cut rates by 25bps today, TDS’ economists note.
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EUR/GBP Price Analysis: Mixed outlook as selling pressure rises, 20-day SMA rejects buyers

In Thursday's session the EUR/GBP declined by 0.30% to 0.8330 after the cross surged and attempted to recover the 20-day SMA on Wednesday but got rejected and resumed its downwards paths.
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