EUR/GBP may continue to trade in the 0.86-0.87 range rather than continue to march higher

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EUR/GBP may continue to trade in the 0.86-0.87 range rather than continue to march higher
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EUR/GBP traded above 0.87 for the first time since March. Economists at ING analyze Sterling’s outlook. GBP/USD: Little support can be expected before

With one-month implied yields at 5.20%, Sterling is an expensive sell.

GBP/USD is a different story where the ongoing strength of the Dollar and the softening risk environment warn that little support can be expected before the 1.2000/2075 area.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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