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December 17, 2024

EUR/GBP Extends Losses Following UK Job Data Release

EUR/GBP has extended its losses for a second consecutive session. The pair traded at approximately 0.8260 during early European hours as negative sentiment surfaces in light of UK’s latest job data. The improved strength of the Pound Sterling (GBP) reflects a market correction following the data release. Analysts suggest that more volatility may arise as traders digest this new information. Monitoring these developments closely will help in preparing for potential trading opportunities in this dynamic market environment.

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