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EUR/GBP dived on Friday and is trading close to the 0.8500 lows. Economists at ING analyze the Pound Sterling (GBP) outlook.
The Pound’s strong momentum is set to face a key challenge on Tuesday as the UK releases its jobs report. Wage growth figures – especially in the private sector – will be watched very closely as they now represent the second most important input for the Bank of England after services inflation.
Later in the week, we’ll also see the UK’s January GDP report, February’s Retail Sales and the BoE's inflation attitude survey.
Back in February, EUR/GBP’s exploration of the 0.8500 area was very short-lived and followed by a sharp rebound. Unless UK data surprises on the strong side, we doubt EUR/GBP can fall much further from these levels.
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
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