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EUR/GBP: Dovish Shift in BoE Rate Outlook Adds Pressure on Sterling

EUR/GBP: Dovish Shift in BoE Rate Outlook Adds Pressure on Sterling
EURGBP cross keeps firm tone and extends steep ascend into fifth consecutive day on Thursday, despite Wednesday’s strong upside rejection just under falling 100DMA (0.8702) and daily cloud top (0.8705) which left bullish daily candle with long upper shadow. Sterling came under fresh pressure from the latest dovish shift in rate outlook on stronger than […] The post EUR/GBP: Dovish Shift in BoE Rate Outlook Adds Pressure on Sterling appeared first on Action Forex... Read More
Posted: Jul 20 2023, 11:15
Author Name: actionforex
Views: 102112

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