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The EUR/GBP is setting up for a good reversal as we have an inverted head and shoulder pattern technical setup. But what makes this setup so appealing at the moment is the market is very bearish the...
Economic data continues to be on the Pound's side, with another set of better-than-expected figures, this time from the labour market. The unemployment rate fell from 4.2% to 3.8% against expectations...
The euro is back at 0.8520 against the pound. The pair bounced off this level in June and August last year. Reaching the same level in late January triggered a shake-out, but active declines resumed...
Eurozone records zero growth in Q4 UK shop prices rise at a slower pace in January EURGBP rebounds near 2023 lows Economic data confirmed what we already knew earlier today, that the eurozone is not...
OANDA Senior Market Analyst Craig Erlam gives his analysis of EUR/GBP after the disappointing retail sales release from the UK. Original Post
UK economy shrinks 0.3% in October Markets price in three rate cuts from the BoE next year EUR/GBP spikes ahead of BoE and ECB announcements tomorrow The UK economy got the fourth quarter off to a bad...
OANDA Senior Market Analyst Craig Erlam discusses the recent moves in EUR/GBP in light of this morning’s PMI data. Original Post
The GBP/USD managed to make back its losses from the day before and some. It was boosted by stronger-than-expected PMI data, which helped to push rates well north of the 1.25 handle to reach its...
BoE leaves Bank Rate at 5.25% MPC believes inflation risks are to the upside EUR/GBP fails to break key resistance zone The Bank of England left interest rates unchanged today at 5.25%, as expected,...
German Institutes see 2025 GDP at 1.5% Germany GfK consumer confidence hit lowest since April 2023 Euro Zone M3 money supply posts worst drop on record FX traders appear convinced that the ECB is done...
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