Underperformance of EUR/USD could nudge EUR/GBP closer towards 0.86 – SocGen EURGBP EURUSD GBPUSD BOE Banks
Hawkish 25 bps increase by the BoE and outlook for Fed pause should augur well for further GBP/USD upside
“The rebound in the Dollar checked the advance of GBP/USD last week but the hawkish 25 bps increase by the BoE and outlook for Fed pause in theory should augur well for further upside in the coming weeks.”could nudge the cross closer towards 0.86. The cross is in the process of trying to retrace the 1.6% intra-day gain of 15 December which coincided with the hawkish policy reset by the ECB.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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