Non Farm Payrolls Non Farm Payrolls Euro Forecast

We have been writing for weeks now that the outlook for sterling depends on how the 1.25 support zone holds out.

EUR/GBP may remain steady in April due to seasonal effects, however, Brexit inspired volatility could push the pair above 0.80 in the run up to the referendum.

More losses for the dollar could be round the corner if labour data comes out lower on Friday.