Back To Top

February 14, 2025

Pound Euro Stays Rangebound Despite Positive UK GDP Insights

The Pound Euro exchange rate maintained a steady course, trading around 1.1989, showing little change from Thursday’s opening figures. The latest GDP report from the UK beat forecasts, yet the Pound remains relatively stable against the Euro. While the Pound found modest support from the favorable economic data, it struggled to break out against the Euro. For investors, this steady performance hints at a robust underlying economic landscape, but the currency pair needs to break through key resistance levels to resume upward movement.

Prev Post

XRP Surges 14% After SEC Accepts ETF Filing – What…

Next Post

CFPB Expands Layoffs: A Sign of Broader Changes in Administration’s…

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment