EUR/GBP Weakens as Traders Prepare for Key US-Ukraine Talks
The EUR/GBP currency pair dipped to around 0.8630 during early European trading on Monday. The Pound Sterling weakened against the Euro following the upbeat UK GDP report for the second quarter. This backdrop compounded with anticipation of US-Ukraine talks could further influence traders’ positioning in the Forex market. As EUR/GBP continues its downward trend, keeping tabs on economic updates will be vital.