Euro Slips Against Pound

EUR/GBP eases from 0.8575 resistance The Euro is experiencing moderate losses against the British Pound after failing to break above the 0.8575 resistance area. The pair remains in the upper range of the 0.8500s, with a near-term bullish bias intact. The Ba

EUR/GBP eases from 0.8575 resistance

The Euro is experiencing moderate losses against the British Pound after failing to break above the 0.8575 resistance area.

The pair remains in the upper range of the 0.8500s, with a near-term bullish bias intact.

The Bank of England’s monetary policy meeting on Thursday is a key focus, with potential for the Pound to come under pressure due to a lack of rate rises and political friction over budget cuts.

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