EUR/GBP may find some support around current levels and even converge back to 0.8600 – ING

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EUR/GBP may find some support around current levels and even converge back to 0.8600 – ING
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EUR/GBP may find some support around current levels and even converge back to 0.8600 – ING EURGBP BOE UnitedKingdom Banks

Today’s focus will be on the Bank of England’s Decision Maker survey, which has pointed to easing pay and price expectations over the coming months.

EUR/GBP has been weakening in the past two sessions, but may find some support around current levels and even converge back to 0.8600 as the overbought Pound faces some BoE repricing threat.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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