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April 23, 2025

GBP/EUR Forecast: Market Movements Following UK Services PMI

As we look forward to Thursday, the Pound-Euro exchange rate may face significant influence from the upcoming Ifo business climate report in Germany. Analysts predict a slight decline in this index, which could weigh on the Euro if results align with expectations. Investors should consider how these economic indicators may affect currency pairs to optimize their trading strategies. Remaining informed is key to navigating potential market fluctuations in this environment.

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