# ​​​​EUR/USD, EUR/GBP and GBP/USD consolidate | Levels to watch | IG International

> IG analysts reported EUR/USD had topped out at $1.1009 the previous week, before a sell-off after ECB president Lagarde said rate cuts had not been discussed. GBP/USD had hit a near four-month high of $1.2794.

- Date: 2023-12-18 · published 2023-12-18T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/32955-eur-usd-eur-gbp-and-gbp-usd-consolidate-levels-to-watch-ig-international
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Technical currency levels have no direct bearing on feed commodity supply or demand, so the impact on prices is minimal.

## Sources

- ig.com: https://www.ig.com/en/news-and-trade-ideas/_eur-usd--eur-gbp-and-gbp-usd-consolidate-231218

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.