The UK has just released wage and employment data. Economists at ING analyze GBP outlook. Wage data not as hawkish as it looks The UK wage numbers are
Wage data not as hawkish as it looks
We think it right not to chase EUR/GBP too much lower on this data and what could prove a mildly hawkish ECB on Thursday warns of EUR/GBP breaking above 0.8600 later this week.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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