EURGBP Stability Amid Tariff Threats and BoE Rate Bets
EURGBP remains stable near the 0.8450 level despite ongoing tariff threats and increasing bets on a rate cut by the BoE. This flatlining suggests that traders are weighing economic impacts carefully, although market sentiment remains cautious due to geopolitical tensions. It is essential for traders to stay informed about policy changes and economic data that could influence this currency pair’s movements.
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