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Pound consolidates near 1.3400 as UK data, BoE decision and by-election could spur volatility, range breakouts.
EUR/GBP steadied as weak UK GDP and sticky inflation contrast with hawkish ECB, boosting euro outlook.
Nomura is long EUR/GBP, expecting ECB hawkishness, narrowing spreads and UK political-fiscal risks to lift toward 0.90.
Sterling edges higher as US-Iran peace hopes weaken dollar; GBP/USD tests 200-day SMA despite soft UK data.
UK inflation expectations rise to 3.5%, hawkish for BoE; August cut odds drop, boosting GBP, pressuring equities.
Sterling climbed after April GDP met forecasts; mixed UK output supports GBP as traders await jobs, CPI, BoE.
EUR/GBP slips near 0.8630 as weak UK GDP contrasts with ECB hawkishness, boosting volatility expectations.
Deutsche Bank sees UK inflation rebounding to 3.01% in May, with upside risks and higher-for-longer rates.
EUR/GBP holds near 0.8625 ahead of ECB decision, with Lagarde guidance, geopolitics, and UK data.
Sterling holds near 1.3400 as US CPI firms, DXY dips, and Fed-BoE divergence drives GBP/USD.
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