This has been a hot topic since the Brexit Party's Nigel Farage stated he would not field candidates against Conservatives who won seats in the last election.

Daily Chart

The low on 8th May was 0.85608 and today the price hit 0.85509.

The daily chart below shows the collapse of EUR/GBP over the last two months.

The next major support holds at 0.84912 and below that 0.84722 on the daily timeframe.

Author

Rajan Dhall, MSTA

FX Daily

Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.

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