Foreign exchange analysts see EUR/GBP rising towards 0.870 as BoE hike expectations unwind, with markets already starting to pare back 2026 tightening bets. The Euro to Pound (EUR/GBP) exchange rate climbed to around 0.8573 on Thursday, building on Wednesday's 0.2% advance and pushing back towards the upper end of its August.
EUR/GBP Price Forecast: Bears remain in control with 0.8550 support area on focus
EUR/GBP slips as strong PMIs cancel out and Iran signals de-escalation
EUR/GBP eases from intraday highs as traders eye dual flash PMIs
EUR/GBP pushes toward two-week high amid cooling UK services inflation
EUR/GBP trades in a tight range ahead of UK jobs data
EUR/GBP stuck in a tight range as traders observe the war
On 13 August, the UK Office for National Statistics (ONS) reported that GDP growth slowed to 0.4% quarter-on-quarter in the second quarter, down from 0.6% in the first quarter. The figure was in line with expectations, and the market reaction was relatively muted.
EUR/GBP slips as bearish pressure mounts
EUR/GBP Price Forecast: Under growing bearish pressure below 0.8550
EUR/GBP Price Forecast: Mixed momentum signals point to more consolidation
EUR/GBP Price Forecast: Holding below 0.8580 with dips limited so far