Tag: EURGBP
Sterling Spikes Higher as Inflation Surprises & Pressures BOE
GBPUSD, H1
UK inflation surged higher ahead of BoE. The data came in much higher than anticipated, with Headline CPI hitting 10.4% from 10.1% last month,...
EURGBP Fails To Break 0.89
In today's European session, Germany's final CPI rate for December registered 8.6% on an annual basis, in line with market expectations and the previous...
BoE Announcement – November 3 2022 – A Dovish Hike
GBPUSD, H1
BoE hiked key rate by 75 bp to 3.00% - as expected¹. At the same time the BoE said the peak interest rate...
EURGBP pivots around the key 0.9000 level
Bank of England Chief Economist Huw Pill stated that the BOE is ready to make a strong policy response at its November 3 policy...
Technical update – Sterling Grosses
Sterling has seen sharp falls in most pairs, some with runs of over 1000 pips from their highs and some with 800 pips today...
EURGBP: Tests below the 0.8600 level
The latest data showed that the eurozone and Germany 's services PMI performance in August was not very optimistic. The former fell below 50.0...
