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May 1, 2025

EUR GBP Remains Steady Amid Eurozone Inflation Weakness

The EUR GBP pair holds steady around the 0.8500 mark for a second consecutive session during the Asian trading hours. The upside in this cross may encounter limitations due to cautious trading in the euro, following disappointing preliminary inflation data from Germany and France. Market observers should keep an eye on economic indicators as they continue to influence currency valuations in this cross.

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