EUR/GBP (EURGBP=X)
| Previous Close | 0.8657 |
| Open | 0.8658 |
| Bid | 0.8637 |
| Day's Range | 0.8636 - 0.8663 |
| 52 Week Range | 0.8494 - 0.8978 |
| Ask | 0.8638 |
FX EmpireGBP/USD Forecast – British Pound Recovers After Initial Selloff
The British pound initially sold off during the trading session on Thursday but has turned around since then to show signs of hesitation to continue selling off.
- Investing.com
ECB Official Asserts No Further Rate Hike Anticipated, Following Recent Increase
An official from the European Central Bank (ECB) has recently voiced his stance on the bank's interest rates, following a decision to raise them by 25 basis points. He expressed satisfaction with the current state of affairs and indicated that there is no expectation for a rate hike at the upcoming policy meeting, according to statements made on Thursday.
- Investing.com
Pound gloom to continue as expected BoE rate hike unlikely to stem struggles
Investing.com – The pound extended its gloomy slide against the dollar continued Monday, just days ahead of a widely expected Bank of England rate increase amid fears that a hike will come with side order of dovishness as the central bank is likely to signal that its rate-hike cycle is coming to an end.
