EUR/GBP is breaking back inside a medium-term range after briefly breaching to the upside.
The pair is extending its sideways trend and could fall all the way back down to the range lows.
The UK Unemployment Rate climbed to 4.3% in the three months to March from 4.2%, as expected.
The markets are largely pricing in the ECB rate cut as early as next month, with two possible further cuts this year.
The pair is extending its sideways trend and could fall all the way back down to the range lows.
The UK Unemployment Rate climbed to 4.3% in the three months to March from 4.2%, as expected.
The markets are largely pricing in the ECB rate cut as early as next month, with two possible further cuts this year.
Comment:
tp1 touched
Comment:
tp2 touched