EUR/GBP Price Forecast: Testing the neckline of an inverse H&S, at 0.8460

  • The Euro is trading higher on Tuesday with the Pound hit by downbeat UK employment figures, and soft wage inflation, which have strengthened the case for further BoE easing in the coming months. Claimants for unemployment benefits increased by 33.1K in May, more than three times the 9.5K increment foreseen by market analysts.