The EUR/GBP pair is under the spotlight in this weekly outlook. The euro is the base currency, while the British pound is the quote currency. The pair’s performance will be closely monitored in the coming days.
Last week, the EUR/GBP pair showed some volatility, with the euro gaining strength against the pound. This week, traders will be looking at key economic indicators and events that could impact the pair’s movements.
One major event to watch is the release of economic data from both the Eurozone and the UK. Any positive or negative surprises could lead to significant movements in the EUR/GBP pair.
Brexit developments will also be closely watched, as any progress or setbacks in the negotiations could impact the pound’s strength.
Overall, traders should keep a close eye on economic data releases and geopolitical events that could influence the EUR/GBP pair’s movements in the coming week.