UK Budget Preview: GBP/USD, GBP/JPY and EUR/GBP Price Action Ideas – MarketPulse
The upcoming UK budget has traders eyeing potential price movements in the GBP/USD, GBP/JPY, and EUR/GBP pairs. Analysts are keeping a close watch on how the budget announcements may impact these currency pairs. The GBP/USD pair may see volatility depending on the budget’s impact on the UK economy. Similarly, the GBP/JPY pair could be influenced by any fiscal policies that are revealed. As for the EUR/GBP pair, any changes in the budget could affect the relationship between the UK and the Eurozone. Traders are advised to stay informed and be prepared for potential price action in these currency pairs following the UK budget announcement.