EUR/GBP Stalls Near Resistance as UK Data and Energy Concerns Offset Each Other
The Euro (EUR) is trading broadly unchanged against the British Pound (GBP) on Friday, hovering near the 0.8675 level. The pair remains capped below the…
Posts Tagged: UK Retail Sales
EUR/GBP Holds Modest Gains as Euro Finds Support Amid Mixed Data
EUR/GBP trades slightly higher near 0.8680 on Monday, posting modest gains of around 0.10% on the day. The pair is edging up on mild Euro…
EUR/GBP Dips Despite Weak UK Retail Sales, Focus Turns to PMI Data Next Week
The Euro (EUR) lost ground against the British Pound (GBP) on Friday, despite weaker-than-expected UK retail sales data. At the time of writing, EUR/GBP trades…
GBP/USD Rises on US Economic Concerns, But UK Outlook Remains Uncertain
The British Pound (GBP) has strengthened against the US Dollar (USD) since January, driven by diverging economic trends between the UK and the US. While…
GBP/USD Extends Gains to Two-Month Highs as USD Selling Pressure Mounts
The GBP/USD pair accelerates its recovery, climbing to fresh two-month highs around 1.2650, as the US Dollar (USD) faces renewed selling pressure. After two consecutive…
EUR/GBP Gains as Weak UK Data Weighs on Sterling, Traders Eye German ZEW Survey
The EUR/GBP pair continues its upward momentum, climbing toward 0.8450 during early European trading on Tuesday. The Pound Sterling (GBP) weakens following mixed UK employment…
GBP Slides as BoE Holds Rates Steady; Dovish Surprises Weigh on Sterling
The Pound Sterling (GBP) tumbled against major peers on Thursday during early North American trading after the Bank of England (BoE) kept its policy rate…
EUR/GBP Trades Lower on Rising French Election Risks and UK Retail Sales Boost
The EUR/GBP pair is trading lower in the 0.8440s on Tuesday as the Euro (EUR) loses ground amid rising political risk premia ahead of the…