As the world's best investment manager and financial market journalist, I am here to break down the recent movements in the EUR/GBP pair for you. Despite mixed Gross Domestic Product
The EUR/GBP cross weakens near 0.8565 on Thursday during the early European session on Thursday. The UK GDP growth figures were in line with the consensus, which has boosted the
As a seasoned investment manager and financial market expert, I'm here to break down the latest developments in the EUR/GBP pair for you. On Wednesday, the EUR/GBP rose to 0.8580,
EUR/GBP climbs near 0.8570 in early European session on Wednesday. UK annual CPI rises to 2.2% in July, missing expectations of 2.3%. Investors await Eurozone Q2 GDP data release today.
The EUR/GBP pair declined to 0.8540, breaking below the 200-day Simple Moving Average (SMA) as UK employment data provided support to the Pound Sterling. Meanwhile, sentiment data weighed on the
EUR/GBP has taken a downturn, breaking below the nine-day EMA at 0.8539 level, indicating a short-term bearish trend. Despite this, the momentum indicator 14-day RSI suggests a bullish bias for
The EUR/GBP cross is showing signs of weakness around 0.8540 in today's European session, marking a 0.20% decline. This drop follows the release of mixed UK labor market data, with
The EUR/GBP pair has discovered a temporary support near 0.8550 during Monday's European session after a correction from a three-month high of 0.8625. Investors are closely monitoring the upcoming United
The recent 1 August rate cut by the Bank of England, coupled with significant position adjustments, has finally caused a change in the trend for EUR/GBP, according to ING’s top
The EUR/GBP cross continues its downward trend, nearing 0.8550 in early European trading on Monday. Speculation that the European Central Bank (ECB) will accelerate its rate cuts is weighing on