#EURGBP @ 0.88297 can turn big again above 0.8900 – ING

…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]

Sterling has been performing a little better over the last 24 hours. But in the view of economists at ING, EUR/GBP can turn big again above 0.8900.

“If the banking stress story has a little further to run we can expect a little Sterling under-performance, given the relatively large size of financial services in the UK economy.”

“EUR/GBP can turn big again above 0.8900, while GBP/CHF should make a run at 1.10.”

See: UK GDP grows 0.3% MoM in January vs. 0.1% expected

[/s2If]
Join Our Telegram Group