FXEM - EMPIRE MARKETS - Company New Article

The British pound stabilizes at 1.2600 amid anticipation of important economic data.
The British pound is trading near 1.2600 amidst relative calm in the markets, as traders await economic data that may determine the next direction. If the selling pressure continues, the price may test the support level at 1.2570, while the 1.2650 level represents the most important resistance that the price needs to break to regain the upward momentum.

The euro faces pressure at 1.0403 amid anticipation of US inflation data.
The euro is trading at 1.0403 amid weak buying momentum, as investors await US inflation data that could influence the Fed’s interest rate outlook. Continued selling pressure could push the price towards 1.0380 as a major support, while the price needs to break 1.0450 to regain the upside.