EUR/GBP Downside Breakout on Robust UK Wage Growth, Poor Eurozone Economic Sentiment

<p>British Pound sees a broad rally today, fueled by robust wage growth, indicating that secondary inflationary pressure remains persistent, which will likely force BoE to continue tightening. In contrast, Euro fell sharply due to plunging economic sentiment, leading to a downside breakout in EUR/GBP, resuming its recent downward trend. As it stands, Yen remains the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/market-overview/509430-eur-gbp-downside-breakout-on-robust-uk-wage-growth-poor-eurozone-economic-sentiment/">EUR/GBP Downside Breakout on Robust UK Wage Growth, Poor Eurozone Economic Sentiment</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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