EUR/GBP appreciates as Eurozone Manufacturing PMI increased to 47.3 in May, the highest reading since March 2023. ECB is expected to deliver a 25-basis point rate...
EUR/GBP rose sharply on Friday at 0.8531, notching a 0.26% gain. Inflation data from the Eurozone, both headline and core HICP, exceeded the forecasts. A cut...
EUR/GBP rebounds to 0.8530 as ECB Schnabel doubts over rate cuts in July. The Euro has strengthened due to strong preliminary Eurozone PMI data for May....
EUR/GBP has declined to support from a cluster of Moving Averages. The pair has reached a pivotal level within a range that has been unfolding since...
EUR/GBP loses ground around 0.8595 in Friday’s early European session. The UK economy is officially out of recession after reports showed the GDP grew by 0.6%...
EUR/GBP trades on a stronger note for three straight days near 0.8605 on Thursday. The BOE is anticipated to keep its main interest rate at a 16-year high of 5.25% at its May meeting on...
EUR/GBP snaps the five-day losing streak near. 0.8535 in Tuesday’s early European session. German Retail Sales climbed 0.3% YoY in March, compared to a decline of...
EUR/GBP received downward pressure after the mixed UK PMI data released on Tuesday. ECB Vice President Luis de Guindos stated that the central bank plans to lower interest...
EUR/GBP is in a sideways trend that has lasted for three months. This trend is expected to extend, but at what point would a breakout from...
EUR/GBP moves negatively after paring intraday gains amid mixed UK inflation figures. UK CPI MoM remained stable 0.6% increase in March, while the YoY index increased...
EUR/GBP faces rejection near the 100-day SMA and snaps a seven-day winning streak. The better-than-expected BRC Like-For-Like Sales underpin the GBP and exert pressure. Bets for...
The daily chart reveals a mostly bearish environment with somewhat flat indicators. The hourly chart analysis depicts a potential bearish shift with the RSI reading close...
April seasonality is typically bullish Sterling (GBP), economists at Société Générale say. Seasonality in April is typically bearish EUR/GBP Sterling retraced against the Dollar and the...
The Pound Sterling (GBP) is consolidating at slightly lower levels after the Bank of England’s dovish bout of communications late last week. Economists at ING analyze...
EUR/GBP gains some positive traction on Wednesday, albeit lacks follow-through. The immediate market reaction to the softer UK inflation figures fade rather quickly. Traders keenly await...
Share: EUR/GBP dip buyers emerge ahead of psychological support of 0.8500. Economists at Société Générale analyze the pair’s technical outlook. Failure to overcome 0.8580 can denote...
Share: Today’s budget is the next scheduled event on the UK political calendar. A budget in line with expectations would offer little incentive for the Pound...
Share: The EUR/GBP is currently trading at 0.8560, revealing a mild daily gain in Friday’s session. The HICP from the EU grew at a higher pace...
Share: EUR/GBP posts modest gains around 0.8560 in Friday’s early European session. Markets expect the first rate cut from the ECB in June meeting 25 bps...
Share: The EUR/GBP is trading at 0.8550, after peaking at a high of 0.8570. The Core HICP in Germany grew at a slower pace than expected...