White House Press Secretary Karine Jean-Pierre is shortly due to deliver a press conference from the White House.
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EURGBP is consolidating. The outlook is bullish with the cross trading closer to its recent highs. Resistance at 0.8781, the Oct 21 high, was breached last week. This has strengthened the bullish theme and opens 0.8867 next, the Oct 12 high. Note that moving average studies are in a bull mode position, highlighting a rising cycle. For bears, a stronger reversal lower and a move through the Oct 31 low of 0.8560 is required to resume recent bearish activity.
US State Department Deputy Spokesperson Vedant Patel is shortly due to deliver a press conference from the Department of State.