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April 29, 2025

GBP/EUR Remains Resilient Amid Declining Consumer Sentiment

Looking ahead, Tuesday’s session kicks off with the latest consumer confidence index from Germany. It is anticipated that household morale in the Eurozone’s largest economy will have declined in May. Such a decrease could negatively affect the Euro. Traders should closely monitor this indicator, as it may contribute to shifts in the GBP/EUR exchange rate. The evolving economic landscape emphasizes the importance of staying informed for strategic trading.

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