Sterling Resilient but Euro Cross Supported – ING
ING analyst Francesco Pesole notes the British Pound's resilience despite shifting UK fiscal expectations, while the euro cross remains supported.
GBPUSDEURGBP
ING strategist Francesco Pesole highlights that the British Pound is showing resilience even as market expectations shift around the next UK Chancellor. Markets appear relatively relaxed about the fiscal outlook.
At the same time, the euro cross against sterling is noted as being supported, suggesting a nuanced view on the pair. No specific levels or triggers are provided in the note.
Source: FXStreet Forex News