GBP/EUR Exchange Rate Forecast: Eyeing Upcoming UK GDP Data
With limited economic data today, traders shift attention towards tomorrow’s session for movement in the Pound to Euro (GBP/EUR) exchange rate. The upcoming release of the UK and Eurozone consumer price indices (CPI) is expected to influence trends. Anticipations are for higher inflation figures from the UK as economists predict a spike. This data will be critical for market sentiment and could steer the GBP/EUR exchange rate in either direction. Stay tuned for developments as they unfold.