Trade The World
GBP: Downside risks – ING
Por FXStreet Insights Team
Data de Publicação: 12 Nov 2025 | Data de Modificação: 12 Nov 2025
POPULAR ARTICLES
EUR/GBP is trading back above 0.88 again after yesterday's release of surprisingly soft September unemployment data in the UK, ING's FX analyst Chris Turner notes.
EUR/GBP is trading back above 0.88 again after yesterday's release of surprisingly soft September unemployment data in the UK, ING's FX analyst Chris Turner notes.
Political noise could push EUR/GBP to new highs
"Even though there are widespread doubts about the quality of the Labour Force Survey data (this survey was briefly suspended in 2023 to reassess its quality), sterling has failed to reclaim its losses."
"A further negative today is news that PM Starmer could face a leadership challenge after the budget later this month. Even though Starmer's approval ratings are very poor, his removal would create some doubt about the future of Chancellor Rachel Reeves and add some risk premium to UK asset markets."
"GBP already has enough negative news from the tighter fiscal/looser monetary policy story to keep it weak. But political noise could push EUR/GBP to new highs for the year in the 0.8870/8900 area."
FXStreet
Mais de um milhão de usuários confiam na FXStreet para dados de mercado em tempo real, ferramentas de gráficos, insights de especialistas e notícias de Forex. Seu calendário econômico abrangente e webinars educacionais ajudam os traders a se manterem informados e tomarem decisões calculadas. A FXStreet conta com uma equipe de cerca de 60 profissionais, divididos entre a sede em Barcelona e diversas regiões globais.
Read More
