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EUR/GBP Bearish Momentum: 0.91% Down In The Last 10 Sessions

EUR/GBP Bearish Momentum: 0.91% Down In The Last 10 Sessions

(VIANEWS) - EUR/GBP (EURGBP) has been up by 0.91% for the last 10 sessions. At 17:06 EST on Wednesday, 29 May, EUR/GBP (EURGBP) is $0.85.

EUR/GBP's yearly highs and lows, it's 0.236% up from its 52-week low and 3% down from its 52-week high.

Previous days news about EUR/GBP (EURGBP)

  • Eur/gbp holds its position above 0.8500 despite the dovish ECB. According to FXStreet on Monday, 27 May, "This moderation has tempered expectations of a rate cut in June among investors, which could put pressure on the Pound Sterling (GBP) and limit the downside of the EUR/GBP cross."
  • Eur/gbp remains above 0.8500 after rebounding from nine-month lows. According to FXStreet on Tuesday, 28 May, "This moderation has tempered expectations of a rate cut in June among investors, which could support the Pound Sterling (GBP) and undermine the EUR/GBP cross."

More news about EUR/GBP (EURGBP).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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