EUR/GBP. Analysis and Forecast

EUR/GBP. Analysis and Forecast

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29.08.2025 02:15 PM

Today the EUR/GBP pair is rising for the second consecutive day. Despite weak German economic data, the pair extended its upward movement. Market focus now shifts to the upcoming preliminary German consumer price index (CPI) report.According to Germany's Federal Statistical Office (Destatis), retail sales in July increased by 1.9% year-on-year, below expectations of 2.6% and the previous 4.9%. On a monthly basis, sales fell by 1.5%, also worse than the projected 0.4% decline.Minutes from the ECB's July meeting show that

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