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EUR/GBP: Dilemma for BoE as Weaker Pound Could Boost UK Inflation Further

Discussion in 'Technical Analysis' started by Kaitlin, Jul 19, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    This morning's data from Europe has been mixed: UK's inflation figures were surprisingly strong, while a key German economic sentiment survey came in significantly weaker and Eurozone's construction output shrunk more than expected. Yet, the EUR/GBP has so far been able to hold its own pretty well. It is no[​IMG]

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