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DAILY UPDATE: How crosses (EURGBP) are impacting SpotFX

GVI · July 21, 2026
General

EURUSD                                                               EURGBP                                                             GBPUSD

EURGBP: Up

GBPUSD down

‘EURUSD follows with a lag

Impact: Market is having more

Impact of EURGBP buying:

  • EURGBP => up
  • GBPISD => down
  • EURUSD => follows with a lag

Impact: Market having more trouble absorbing the GBP selling than EUR buying out of a firmer EURGBP, thus GBPUSD leading while EURUSD follows with a lag.

 

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