EUR/GBP to remain range bound around 0.87-0.88 – Danske Bank EURGBP UnitedKingdom Banks
EUR/GBP stuck between opposing forces“Further out, EUR/GBP is, in our view, stuck between opposing forces. On the one hand, we expect relative rates to act as a clear tailwind, while global growth slowdown and the relative appeal of UK assets act as a headwind. At present, we do not see the relative growth“We expect the cross to remain range bound around 0.87-0.88.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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