FXEM - EMPIRE MARKETS - Company New Article

The British pound is recording slight gains, supported by improved market sentiment and declining domestic tensions. Continued stability at these levels could push the pair toward higher price ranges in the short term, while monitoring any potential decline that could return the price to more balanced levels.

📈 Positive scenario: Continued stability above 1.3360 could allow for a gradual upward movement toward the 1.3480 area.
📉 In the event of a rapid decline, the pair could head toward the 1.3290 area as a potential equilibrium level in the short term.

The euro maintains relative stability, supported by mixed European data and expectations of continued dovishness from the European Central Bank. Current movements are slightly positive, which could pave the way for attempts to break out of new ranges if the momentum continues.

📈 A sustained rise could push the price to explore levels near 1.1600.
📉 However, if momentum weakens, price movements may be temporarily confined to the 1.1490-1.1450 range.