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EUR/GBP drops to near 0.8540 following dovish comments from ECB's policymakers

EUR/GBP continues its downward movement, influenced by challenges facing the Euro following dovish comments from European Central Bank (ECB) policymaker Francois Villeroy.

United-kingdom , British , Fabio-panetta , Francois-villeroy , Andrew-bailey , Catherine-mann , Jonathan-haskel , European-central-bank , Pound-sterling , British-pound , Gross-domestic-product , Eurgbp

EUR/GBP retreats from 0.8570 on weak German Retail Sales

The EUR/GBP pair falls back from 0.8570 as German Retail Sales data for February remains weaker than expected.

Germany , German , Madis-muller , Jonathan-haskel , European-central-bank , German-retail-sales , Retail-sales , Gross-domestic-product , Pound-sterling , Financial-times , Eurgbp , Cb

EUR/GBP Price Analysis: Completion of possible Double Bottom pattern

EUR/GBP has formed a possible Double Bottom reversal pattern at key support lows for the pair during the month of March.

Double-bottom , Pound-sterling , Moving-average , Simple-moving-average , Eurgbp , Echnical-analysis ,

EUR/GBP can work its way slowly towards the 0.8700 area over the coming month – ING

The Pound Sterling (GBP) is consolidating at slightly lower levels after the Bank of England's dovish bout of communications late last week.

Andrew-bailey , Pound-sterling , Governor-andrew-bailey , Financial-times , Eurgbp , Bpusd , Oe , Anks ,

EUR/GBP to extend its race higher on a break above 0.8610 – SocGen

EUR/GBP nears the 0.8600 level. Economists at Société Générale analyze the pair’s technical outlook.

Eurgbp , Anks ,

UK budget unlikely to shock the Pound assuming that fiscal prudence is maintained – Rabobank

Next week brings the UK budget. The budget has the potential to impact the Pound Sterling (GBP) – which is currently the second best performing G10 currency in 2024 after the US Dollar, economists at Rabobank say.

United-kingdom , National-insurance , Rabobank , Pound-sterling , Chancellor-hunt , Eurgbp , Iscalpolicy , Nitedkingdom , Oe , Anks ,

EUR/GBP declined after Bailey's words

In Tuesday's session, the EUR/GBP traded mildly lower at 0.8555 with the cross easing from daily highs following Andrew Bailey’s comments.

Andrew-bailey , European-central-bank , Governor-andrew-bailey , Relative-strength-index , Moving-average-convergence-divergence , Simple-moving-averages , Eurgbp , Rosses , Urrencies ,