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EUR/GBP broke 0.8600 on Sterling short unwinds, easing volatility; downside limited near 0.8545 ahead UK politics.
HSBC says UK inflation remains above target; BoE stays at 3.75%, with balanced risks and modest growth.
Euro slips versus sterling as Eurozone inflation misses forecasts, reducing ECB hike expectations; traders watch Lagarde, Bailey.
EUR/GBP holds above 0.8600 as markets await Lagarde and Bailey; hawkish ECB, cautious BoE, volatility.
GBP/JPY trades near two-week highs as carry trades persist, but Japan intervention risk threatens sudden volatility.
Sterling gains on Labour fiscal continuity, but fund positioning, low volatility and geopolitics keep GBP range-bound.
GBPUSD analysis: Sterling steadies near 1.3222 as UK political uncertainty, short positioning, and US dollar strength shape the next CFD setup.
EUR/GBP slips as ECB tightening hopes fade; BoE stays hawkish, while UK politics and data cap Sterling gains.
Data-heavy week ahead: US jobs lead; major central banks speak, steering FX, gold, and oil.
Sterling’s rise above 1.3200 looks corrective as oil falls; strong US data, inflation, UK politics weigh.
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