January 12, 2021 at 09:25AM
EUR/GBP is now down 0.4% to 0.8950
Meanwhile, cable is up 0.5% and extending gains from 1.3550 to 1.3590 levels currently.
The pound is moving higher as Bailey plays down negative rates a little, calling it "controversial" and having "a lot of issues".
Author: https://www.forexlive.com/technical-analysis/!/pound-gains-as-bailey-calls-negative-rates-controversial-20210112 Selected by SYFX+