- EUR/GBP struggles to recover from the previous day’s losses on the Eurozone’s weaker data
- UK’s better-than-expected PMIs reinforce the weakening of the cross pair.
- Investors await the Eurozone’s Retail Sales for further indications on the economic outlook.
EUR/GBP grapples to recover from the previous day’s losses, treading waters around 0.8540 during the Asian session on Wednesday. The pair is experiencing pressure due to the disappointing data released from the Eurozone on Tuesday. While the economic activities statistics from the United Kingdom (UK) showed improvement.
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