EURGBP jumped almost 0.4% in European session on Tuesday, as pound came under increased pressure on below forecast UK pay growth data, which further decreased bets for BoE rate hike in Nov 2 policy meeting. On the other hand, German investor morale (ZEW report – Oct -1.1 vs Sep -11.4 and -9.3 f/c) improved well […]

The post EUR/GBP: Accelerates Higher on Brighter German Investor Morale and Weak UK Pay Growth Data appeared first on Action Forex.