UK virus concerns and a bounce in the EUR recently brought EUR/GBP to the highest level since early March. Despite this recent increase in EUR/GBP, economists at Danske Bank remain bullish on GBP, as they continue to be more positive on the UK compared to EU. The UK economy is set outperform the euro area this year “EUR/GBP has increased close to 0.87 since our last update after it briefly went below 0.85. We think this is a bump in the road and remain bullish on GBP, as we are still more upbeat on the UK than on the euro area.” “Near-term we expect EUR/GBP to trade around the current levels before the cross starts to move lower again. We still forecast EUR/GBP will trade at 0.83 in 12M.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/SEK: Global supply chain disruptions to weigh on the krona – Danske Bank FX Street 2 years UK virus concerns and a bounce in the EUR recently brought EUR/GBP to the highest level since early March. Despite this recent increase in EUR/GBP, economists at Danske Bank remain bullish on GBP, as they continue to be more positive on the UK compared to EU. The UK economy is set outperform the euro area this year "EUR/GBP has increased close to 0.87 since our last update after it briefly went below 0.85. We think this is a bump in the road and remain bullish on GBP, as we are still more upbeat on the UK than on the euro… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
