FX.co ★ EUR/GBP

Hello traders, Regarding the EURGBP pair, not much has changed as it continues to trade within the same range. Yesterday, there was some growth, maintaining the overall upward movement. However, there is also a noticeable local downward trend that has not been broken yet. There are no clear immediate targets on either side. The upcoming week for this pair is expected to be very volatile due to inflation data releases for both the UK and the Eurozone, as well as the Bank of England and ECB meetings. Therefore, there will be plenty of reasons for market movements. Personally, I am not considering buying at these levels. However, I do not rule out the possibility of a move above 0.8820, where I will be looking for selling opportunities.