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December 18, 2024

EUR/GBP Sees Intraday Gains Above 0.8250 Post UK CPI Data Release

EUR/GBP has attracted buyers and is now trading above the 0.8250 level, following the recent UK Consumer Price Index (CPI) inflation release. This data has provided insights into the UK economy, offering a potential boost to the Euro as it gains traction against the Pound. As market participants assess the implications of inflation data on monetary policy, the EUR/GBP pair could experience further movement based on continued economic updates from both regions.

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