FXEM - EMPIRE MARKETS - Company New Article

The British pound continues its gradual recovery amid improved global risk sentiment, supported by a weaker dollar. Current momentum suggests a bullish bias, but the pair needs a clear break above 1.3370 to confirm continued upside.

Outlook: Holding above 1.3320 could lead to a move toward 1.3400 this week.

The euro remained relatively stable, supported by improving sentiment in the eurozone and lower U.S. bond yields. Sustained movement above 1.1200 may support further upside.

Outlook: If stability above 1.1200 continues, a test of 1.1280 is likely; otherwise, a pullback toward 1.1160 is possible.