EUR/GBP Remains Depressed Around Mid-0.8800s, Downside Seems Cushioned

The EUR/GBP cross comes under some selling pressure on Friday and extends the previous day’s pullback from the vicinity of the 0.8900 mark or a nearly two-week high. The intraday downtick picks up pace during the first half of the European session and drags spot prices to a fresh daily low, around the 0.8845 regions in the last hour.

The British Pound draws support from rising bets for additional rate hikes by the Bank of England (BoE) and turns out to be a key factor dragging the EUR/GBP cross lower. It is worth recalling that the BoE Governor Andrew Bailey said on Wednesday that further increase in bank rates might be appropriate, though nothing has been decided.

This was followed by hawkish remarks by the BoE Chief Economist Huw Pill on Thursday, noting that Britain’s economy is showing slightly more momentum than expected and pay growth is proving a bit faster than the central bank forecast last month.

However, the downside for the EUR/GBP cross seems cushioned amid expectations that the European Central Bank (ECB) will continue hiking rates in the coming months. The minutes of the ECB meeting held in February have reflected a very hawkish debate and a precise determination to hike rates beyond March.

On Friday, ECB Governing Council member Boštjan Vasle said that he expects the March rate hike to be followed by additional increases. Separately, ECB policymaker Madis Muller noted that rates would have to remain high for a while, supporting prospects for a 50 bps rate hike in March.

On the economic data front, the composite Eurozone Services PMI for February was revised lower to 52.7 from the 53.0 anticipated. In contrast, the UK Services PMI was finalized at 53.5 against the flash estimate for a reading of 53.3.

This further contributes to the offered tone surrounding the EUR/GBP cross. The above mixed fundamental backdrop warrants some caution before placing aggressive bearish bets and confirming that this week’s bounce from the 100-day Simple Moving Average (SMA) has run out of steam.

This Post Has 26 Comments

  1. XoilacTV

    Xoilac link trực tiếp bóng đá chất lượng cao. XoilacTV xem bóng đá Anh, World Cup, Euro, Ligue 1, La Liga, SEA Games miễn phí. Xôi Lạc TV có BLV tiếng Việt hấp dẫn, chuyên môn cao.

  2. HB 88

    HB88 mang đến không gian cá cược sống động với nhiều trò chơi hấp dẫn, khuyến mãi dày đặc. HB 88 là cái tên được nhiều game thủ Việt tin tưởng lựa chọn mỗi ngày.

  3. 69vn

    Cá cược cực đã tại 69vn – đầy đủ game bài, thể thao, slot hấp dẫn. Dùng link mới https://9669vn.com/ cập nhật tháng 6/2025 để vào nhanh, tránh bị chặn!

  4. kuwin

    kuwin không ngừng nâng cấp nền tảng, mang lại trải nghiệm mượt mà cho người chơi. Vào chơi ngay tại https://kuwin.trading/.

  5. In the realm of anabolic steroids, Post Cycle Therapy (PCT) performs a crucial position in aiding users to regain their hormonal stability after a steroid
    cycle. This therapy is crucial to mitigate the
    antagonistic effects of steroid use and safeguard
    the health of the person. Unwary consumers might encounter counterfeit products, non-delivery
    after payment, and even identity theft.
    Medical Doctors prescribe them to deal with problems similar to delayed puberty and different medical problems that trigger the physique to
    make very low amounts of testosterone. They also could
    trigger puberty to start and might help some boys who
    have a genetic dysfunction to grow extra normally.

    Whereas it is true that steroids can provide significant advantages, it is equally essential to be cognizant of the potential unwanted aspect
    effects. Understanding the repercussions of steroid use allows people to make knowledgeable selections about their health.
    Prohormones are precursor compounds that rework
    into active anabolic hormones in your body.
    Steroid use, especially anabolic-androgenic steroids, affects more than just athletic performance or bodily look.

    Web Sites selling testosterone legally on-line in the U.S.

    require a prescription from a physician.
    This was because of docs within the ’70s observing lowered whole cholesterol levels in Anavar customers
    (15). Due To This Fact, as a outcome of Anavar does
    not usually trigger the above unwanted effects, it’s commonly taken by females seeking to build muscle and burn fats.

    Due to Anavar’s mild androgenic score, it doesn’t sometimes produce virilization unwanted effects
    in women when taken in low to average doses. If you endure from hypogonadism and require testosterone for medicinal
    purposes, we advocate Olympus Males’s testosterone replacement therapy (TRT)
    program. If you wish to have a perfect muscular body,
    high endurance, and robust muscle tissue, you need to only ever use the very best high quality anabolics.

    Injectable steroids are safer to make use of as a outcome of they enter the
    athlete’s bloodstream immediately and are thus higher absorbed by bypassing the intestinal tract
    and thus inflicting no harm. The number of present sports medicine is extensive, as is
    the variety of their actions, enabling anybody to find the simplest
    and protected pharmacological product for themselves.

    • Examine the status of the vendor in bodybuilding and athletic communities, significantly regarding
    their Winstrol products. Dietary Concerns Sustaining a nutrient-rich food plan is important throughout a
    Winstrol cycle, especially when contemplating the Winstrol price and funding in one’s well being.
    Focus on high-protein meals for muscle growth and restore, and guarantee a balanced consumption of wholesome fats and carbohydrates for vitality and metabolic health.
    Users should include heart-healthy meals like omega-3-rich
    fish and nuts to counteract Winstrol’s influence on cholesterol and avoid alcohol and liver-burdening substances.
    When contemplating Winstrol for sale, it’s essential for customers to stick
    to finest practices to maximise benefits while minimizing
    risks.
    Always seek the advice of your physician or other qualified healthcare
    supplier with any questions you may have concerning a medical situation or
    treatment. The SteroidsLive weblog covers the most recent news in bodybuilding, health, sports activities, health and vitamin. We try to
    give our readers — athletes, fitness and sports
    activities buffs, and those excited about all-around health — the latest news,
    information, and naturally — the gossip. Some underground labs produce high-quality steroids that match
    pharmaceutical requirements. Look for well-reviewed UGL brands that present lab take a look at results and have
    been trusted within the fitness group for years.
    Examine if there are sufficient online critiques about the ecommerce you’re shopping.
    Most of the time, you’ll discover plenty of info about
    good legit websites around.
    By stimulating protein synthesis and nitrogen retention, it promotes speedy muscle progress and tissue restore.
    Customers usually expertise substantial features in lean muscle, leading to a more muscular and defined physique.

    Moreover, Trenbolone Acetate improves the body’s ability to efficiently make the most of
    nutrients, making certain optimal muscle improvement.

    Combined with a proper coaching regimen and adequate calorie intake, this compound
    might help individuals obtain their desired muscle-building goals.
    Earlier Than diving into the world of Dianabol buying guide, it’s essential to understand its background
    and implications. Dianabol, also referred to as Methandrostenolone, is a potent anabolic steroid famend for its capability to accelerate muscle growth and improve energy.
    In this section, we’ll discover the basics to ensure you’re equipped with essential information before making a purchase.

    You should also observe up an Anavar cycle with
    post-cycle remedy (PCT) in order to regulate your endogenous hormones.
    The use of anti-estrogen or SERM drugs like Clomid, Nolvadex,
    and Proviron can help throughout PCT. Information Is testosterone an anabolic Steroid the first step in the path of avoiding these pitfalls and guaranteeing a secure online purchasing
    experience. I have been utilizing steroids
    for about 5 years now, and usually do 3-4 cycles per 12 months.

    I even have tried essentially every steroid available, and lately I really have been brewing myself.
    This review site is dedicated to sellers which are dealing with AAS and comparable PED.

    Maximus caters to all males trying to optimize their testosterone, however
    it’s an appealing possibility for younger guys who want to maintain their fertility but also want a boost
    in T. Mukesh Ambani to make one other huge move after Campa Cola success, Reliance to target
    60 crore clients in…, plans to supply… In general, when you use the
    indicated dosages, then a course of Dianabol will
    not cause any side effects. For questions in regards to the
    actual dosage of the drug, you better seek the advice of with a specialist.
    Select Home Provide for a trusted, convenient,
    and supportive steroid buying journey.
    Hormonal Imbalances In men, Winstrol can suppress natural testosterone manufacturing, doubtlessly leading
    to reduced testicular dimension, decreased sperm count, and
    fertility points. Women may face virilization results
    similar to a deepened voice, increased body hair, and
    menstrual adjustments. Post-cycle remedy is critical to reestablish hormone balance after Winstrol use.

    Likewise, this study additionally confirms that almost all of
    AAS obtained over the Internet are manufactured by unregulated worldwide pharmacies of unknown quality or content material.

    The majority of data offered by websites selling AAS is geared
    toward emphasizing the advantages with little acknowledgement of the risk with AAS use.
    There are several limitations inherent to the current study that ought
    to be acknowledged. First, as mentioned, only the first 10 hits inside the Google
    search were evaluated.
    However, it is essential to prioritize safety, authenticity, and high quality when purchasing
    Anavar. Thoroughly analysis respected sources, confirm product authenticity, and
    prioritize merchandise that endure rigorous quality testing.
    Additionally, consult with healthcare professionals or skilled health advisors to make
    sure Anavar aligns together with your goals, total well being, and individual circumstances.

    It helps promote lean muscle growth, enhance energy,
    and improve endurance. Female users could expertise improved muscle definition and a toned physique, making
    it a beautiful option for these centered on aesthetics. Moreover,
    Anavar can assist in fat loss by rising metabolic rate and
    supporting the preservation of lean muscle mass throughout slicing
    phases.

  6. gemwin

    gemwin là cổng game đổi thưởng uy tín tại Việt Nam, thu hút người chơi nhờ trò chơi đa dạng, hấp dẫn, tỷ lệ trả thưởng cao và nhiều chính sách ưu đãi độc quyền dành cho thành viên.

  7. 789f

    789f là hệ thống cá cược trực tuyến uy tín, được nhiều người chơi tin chọn nhờ chính sách hỗ trợ hấp dẫn và đa dạng. Nơi đây mang đến trải nghiệm sôi động, phù hợp với mọi nhu cầu giải trí.

  8. fb 88

    FB88 là nhà cái uy tín hàng đầu tại Việt Nam, fb 88 nổi bật với dịch vụ chất lượng và kho trò chơi đa dạng như thể thao, esports, bắn cá, xổ số, mang đến trải nghiệm cá cược tuyệt vời.

  9. Qsvbyope

    Explore the ranked best online casinos of 2025. Compare bonuses, game selections, and trustworthiness of top platforms for secure and rewarding gameplaycasino slot machine.

  10. Registrácia

    Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

  11. TimothyPat

    pharmacy in canada: Canadian Pharmacy – legit canadian online pharmacy

  12. PatrickTaw

    Farmacie on line spedizione gratuita: Cialis generico prezzo – comprare farmaci online all’estero

  13. PatrickTaw

    siti sicuri per comprare viagra online: viagra prezzo – cialis farmacia senza ricetta

  14. Edisonunumb

    pillole per erezioni fortissime: viagra generico – viagra originale in 24 ore contrassegno

  15. Edisonunumb

    viagra pfizer 25mg prezzo: viagra prezzo – miglior sito per comprare viagra online

  16. NormanVaf

    comprar viagra sin gastos de envГ­o: comprar viagra – comprar viagra contrareembolso 48 horas

Leave a Reply

Contact Us

Disclaimer

Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.