Sunday saw the conclusion of the 4-day European Parliament elections. According to Reuters, eurosceptic nationalists gained significant votes, edging out liberals and greens. Meanwhile, President Emmanuel Macron dissolved the French Parliament, calling for early legislative elections later this month following his defeat in the EU elections to Marine Le Pen’s far-right party. This puts pressure on the European Union’s structure, weakening the euro. As depicted in the EUR/GBP chart, Monday’s currency trading opened around 0.8465 – a level unseen since August 2022. Today’s technical analysis of EUR/GBP indicates: ... (full story)