Sterling has been stabilising after a delicate week. Economists at ING analyze GBP outlook.
Breaking news The UK calendar this week looks unbiased a little Sterling negative
The UK calendar this week looks unbiased a little Sterling negative in that Tuesday’s release of the companies PMI may disappoint and we also may explore some dinky softening in the delayed jobs data.
Nonetheless, EUR/GBP has been unable to maintain a break over the 0.8700 area and we assume it is a little too early for that break, especially since the Eurozone data may be delicate this week too.
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