The EUR/GBP currency pair remained stable around the 0.8790 level during the early European trading session on Tuesday. Traders are exercising caution as they await the UK government's Autumn Budget announcement, set to take place on Wednesday. This pivotal event could influence market dynamics and impact the exchange rate in the near term.
As market participants digest potential fiscal measures and economic forecasts from the budget, volatility may increase. A significant announcement could alter the trading landscape for the euro and pound, affecting not only EUR/GBP but also broader forex trends involving the USD and other major currencies. Investors are closely monitoring these developments, anticipating how they will shape the forex market.
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Data Source: FX Killer Analysis Team Updated: 2025-11-25 08:27
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.