ING analysts believe that the rally in the EUR/GBP pair could pick up pace next week. The GBP has been struggling against the Euro, and this trend is expected to continue in the coming days. ING’s analysis suggests that the Euro could strengthen further, putting more pressure on the GBP.
Investors should keep an eye on this currency pair as it could present trading opportunities in the near future. The Euro’s strength and the Pound’s weakness are likely to drive the EUR/GBP pair higher in the coming week. This could be a good opportunity for traders to take advantage of the potential rally.
Overall, the outlook for the EUR/GBP pair looks positive, according to ING. Traders should stay informed and be prepared to take advantage of any potential movements in this currency pair.