EUR/GBP: Risks skewed to the upside awaiting a hawkish Fed – ING

EUR/GBP: Risks skewed to the upside awaiting a hawkish Fed – ING EURGBP Fed Banks ECB GBPUSD

EUR/GBP has surged beyond the 0.8800 level. The pair could extend its rise on a hawkish Federal Reserve, according to economists at ING.to push the Euro even higher, which means more fuel to the EUR/GBP rally may be mostly a function of risk sentiment rather than monetary policy divergence.”

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