The British Pound got a boost on Tuesday as Boris Johnson claimed no further restrictions will be imposed, with current Plan B measures being enough to “ride out” the Omicron wave.
EUR/GBP has been trending lower since April of last year, and hitting a new 2-year low after yesterday’s comments by the UK Prime Minister. The currency pair could now be eyeing a deeper pullback, although the RSI divergence might be signalling it is time for a bounce.
Will EUR/GBP continue to trend lower, or can the Euro regain some its strength in 2022?
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