In Monday's trading session, the EUR/GBP saw a slight increase to 0.8430 before encountering selling pressure and dropping back to the 0.8420 level. Technical indicators, including the Relative Strength Index
On Friday, EUR/GBP managed to climb above 0.8400, halting its recent downward trend. However, analysts warn that the uptick may be temporary as sellers pause after a series of losses.
As the Eurozone inflation remains soft, the EUR/GBP pair is facing its third consecutive week of losses. The Euro (EUR) is weakening, with market participants anticipating another interest rate cut
BoE Hawkish Sentiment Drives EUR/GBP Lower as ECB Rate Cut Expectations Rise The EUR/GBP pair continues its downward trend for the eighth consecutive session, hovering around 0.8410 in early European
The EUR/GBP pair experienced a decline of 0.20% on Thursday, bringing it close to the key support level of 0.8400. Despite remaining above this level, selling pressure is on the
EUR/GBP continues its downward trend, hovering around 0.8415 in early European trading on Thursday, marking a 0.20% decline for the day. The mounting speculation of another interest rate cut by
In a recent session, the EUR/GBP pair experienced further losses, dropping to 0.8425 as sellers maintained a bearish stance. This marks the sixth consecutive session of decline for the pair.
In today's trading session, the EUR/GBP pair experienced a 0.30% decline, reaching a low of 0.8440 as sellers maintained control. This marks the sixth consecutive session of losses for the
The EUR/GBP pair is on a downward trend for the fifth consecutive trading session, driven by expectations of an interest rate cut by the European Central Bank (ECB) in September.
EUR/GBP is trading in negative territory for the fifth consecutive day around 0.8460 in Tuesday’s early European session. The German economy contracted 0.1% QoQ in Q2, in line with estimates,