EUR/GBP Recovery Lacks Conviction as Market Awaits Trends
The EUR/GBP pair draws some buyers in the Asian trading session but lacks strong bullish conviction. Despite moving away from a multi-week low, it remains close to the 0.8510 region. Currently trading just below mid-0.8500s, traders question whether this rise can sustain momentum. As potential economic indicators loom, all eyes are on the upcoming trends that may influence this cross. What will guide the next movements: fundamentals or sentiment?