According to Jinshi, ING Bank said that GBP/USD has downside risks because the US PCE inflation data may help the dollar, and the currency pair may test the low of 1.2530 on February 14. EUR/GBP will be affected by Lagarde's speech today and the eurozone CPI data on Friday. Here, we expect the currency pair to stabilize around 0.8550.
See original
ING Bank: GBP/USD has downside risks, EUR/GBP is affected by Lagarde's speech and Eurozone CPI data
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0