💷The pound is getting up on its feet💷💶Eur/💷Gbp analysis Eur/Gbp analysis
🚀In recent days, we have seen a massive purchase of the British pound following a speculative attack on this currency.
🚀It seems that the Euro has lost significantly compared to the British Pound. The price of the Eur/Gbp was pulled back to the levels before the massive breakout, which could be caused by the interference of the central
bank.
🚀From Friday's information readings, for the first time in history, inflation for the euro area has become two digits and is as high as 10%. The main component of the infomation is the increase in energy prices in the Euro zone.
🚀It is also worth noting the increase in the unemployment rate in Germany, which already amounts to 5.5%
🚀The increase in market interest rates in Great Britain, forecasting that the interest rate in Great Britain could reach 6% next year, had an impact on investors and the British Pound became an interesting asset.
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