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British Pound (GBP) Price Outlook: EUR/GBP Rally May Run Out of Steam

EUR/GBP PRICE, NEWS AND ANALYSIS: EUR/GBP will likely slip back after its rally over the past few days as the Euro was boosted by concerns about the Omicron variant of Covid-19 and whether existing vaccines will be effective against it. Meanwhile, a reshuffle of the UK Labour Party’s shadow Cabinet should have little impact on GBP even though opinion polls show Labour neck-and-neck with the ruling Conservatives. EUR/GBP RALLY AT RISK AS OMICRON FEARS RECEDE The strong


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