FXStreet (Bali) - According to Nomura, EUR/GBP still has potential to trade lower this year.



Key Quotes



"We believe GBP still has the most room to strengthen against EUR this year. The UK economy is less dependent on euro area demand than other European countries. Meanwhile, UK domestic demand is showing stronger momentum. We revise our end-2014 EUR/GBP forecast lower to 0.77 from 0.78."



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    EUR/GBP Technical Analysis: Four-Day Loss Streak Broken

  2. Forex News

    EUR/USD Rally Checked by ECB Commentary, Better US Data

  3. Forex News

    A Fundamental Push for Key EURUSD, GBPUSD and USDJPY Levels?

  4. Forex News

    EURUSD and GBPUSD Will Decide Make-or-Break In Holiday Trading Conditions

  5. Forex News

    FX: CFTC Commitments of Traders Report - TDS

Trading Center