UK house prices continued to contract in November on a monthly basis, but stabilized annualized. The British Pound remained in a holding pattern as forex traders will await PM May’s appearance in parliament today after her team played down the possibility of a second Brexit referendum.
The EURGBP remained just below its horizontal resistance area following its breakdown last week, but how will today’s Eurozone CPI and trade balance impact price action? Will the sell-off continue?
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