Euro Steadies Against Pound as Traders Await UK GDP
EUR/GBP was flat near 0.8540 on Wednesday as market participants awaited the UK GDP report.
EURGBP
The euro held steady against the British pound on Wednesday, with EUR/GBP trading around the 0.8540 level.
The pair showed little momentum as traders positioned ahead of the UK GDP release. Market focus remains on the growth figures, which may shape the pound’s near-term direction.
The single currency was little changed after a stretch of consecutive daily moves, with the upcoming data seen as the next key catalyst for the cross.
Source: FXStreet Forex News