February 26, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound Sterling Drifts Lower Against Euro, EU Inflation Crucial This Week
There are no major UK data releases this week with the focus likely to be on central bank talk and Euro-Zone inflation data.
The Pound to Euro (GBP/EUR) exchange rate advanced to 1.1725 on Friday before fading to near 1.1700 and traded just below this level on Monday.
1.1765 remains a key resistance area.
According to ING; “EUR/GBP will be affected by today’s speech from Lagarde and eurozone…
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