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Chart - Courtesy Trading View EUR/GBP slips lower from session highs at 0.8466, trades 0.05% lower on the day at 0.8449 at around 06:45 GMT. The pair is consolidating break above 200-DMA, struggles at ...
Economists at Westpac expect the greenback to lose ground against the euro, sterling and Canadian dollar. “A robust gain is anticipated for the UK’s sterling to 1.26 end-2022 and 1.34 by end-2023.” ...
GDP shrank 0.1% QoQ versus -0.2% expected, monthly statistics came out softer on MoM, firmer on YoY. Double top around 0.8470 tests bulls, bears need validation from 200-HMA. EUR/GBP remains pressured ...
GMT - Sterling is more likely to be driven by broad risk appetite than Friday's better-than-expected U.K. economic growth data, MUFG Bank says. "In reality the better June print doesn't change the ...
The EUR/GBP gains as German food inflation rises, but the pair could face headwinds from rising energy costs as winter approaches.