The Euro remains range-bound versus the Pound, trading marginally higher but failing to break key resistance levels.
The Euro (EUR) traded nearly unchanged against the British Pound (GBP) on Friday, maintaining modest gains after recovering from three-week lows reached Thursday. The EUR/GBP pair hovered near 0.8550 but struggled to sustain momentum above that level.
Earlier in the week, the cross dipped to its lowest point since mid-August before rebounding. Despite the recovery, the pair is set for a modest 0.2% weekly decline, reflecting persistent range-bound trading.
Market reaction remained muted, with no significant shifts in positioning as traders await fresh catalysts.