Day: November 2, 2023

EUR/GBP encounters resistance at 0.8730

EUR-GBP_oksignals_article image

Following the Bank of England meeting, the Pound gained momentum. The EUR/GBP pair trimmed its daily gains and moved lower towards the 0.8700 level. As expected, the Bank of England (BoE) decided to keep its bank rate unchanged at 5.25%. However, three members of the Monetary Policy Committee (Greene, Haskel, and Mann) voted in favor […]

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