FX Guys

Pound Euro (GBP/EUR) Exchange Rate Rangebound after Buoyant UK Retail Sales Figures

April 26, 2023 – Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Supported by BoE Rate Hike Bets

The Pound Euro (GBP/EUR) exchange rate traded sideways on Wednesday amid a risk-off mood. The pairing saw its gains capped by hawkish signals from European Central Bank (ECB) officials.

On the other hand, above-forecast UK retail sales data and Bank of England…
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