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EURGBP holds above 0.8500 on policy divergence between BOE and ECB. Intraday bias remains bullish as long as support 0.8450 holds. It hit an intraday high of 0.85278 and is currently trading around 0.
The EUR/GBP cross extends its upside to near 0.8520 during the early European trading hours on Tuesday. The Euro (EUR) strengthens against the Pound Sterling (GBP) as traders expect the European ...
EURGBP holds above 0.8500 on policy divergence between BOE and ECB. Intraday bias remains bullish as long as support 0.8450 holds. It hit an intraday high of 0.85292 and is currently trading around 0.
The Euro (EUR) also receives support as traders expect the European Central Bank (ECB) to pause its easing cycle to assess the impact of new US tariffs. The ECB vice-president Luis de Guindos said ...
Despite a generally strong job report, the pound has held close to recent lows. Higher bond yields would usually support the country’s currency, but there are fears that the rising costs needed ...