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EUR/GBP IG Consumer Sentiment: Our information reveals merchants at the moment are net-short EUR/GBP for the primary time since Jan 16, 2020 when EUR/GBP traded close to 0.85.

Merchants are additional net-short than yesterday and final week, and the mixture of present sentiment and up to date modifications provides us a stronger EUR/GBP-bullish contrarian buying and selling bias.