The EUR/GBP currency pair is experiencing slight losses, trading around 0.8795 in the early European session on Wednesday. This movement comes despite a generally dovish outlook for the Bank of England (BoE), which is expected to weigh on the Pound Sterling's strength.
As traders monitor the exchange rate, expectations surrounding the BoE's monetary policy may limit further downside for the EUR/GBP cross. Market sentiment suggests that any potential declines could be mitigated as investors reassess the impact of the central bank's stance on the broader forex market.
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Data Source: FX Killer Analysis Team Updated: 2025-12-03 06:31
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.