The Pound Sterling (GBP) experienced a brief uptick following a less-dovish tone from the Bank of England (BoE). This shift in sentiment provided modest support for the currency, although expectations of additional rate cuts in early 2026 are likely to keep the EUR/GBP exchange rate anchored around 0.87.
Analysts at ING, including FX specialist Chris Turner, suggest that while the GBP may find temporary relief, the overarching trend remains influenced by anticipated monetary policy adjustments. As traders navigate these developments, the implications for the GBP could lead to further fluctuations against the euro and other major currencies.
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Data Source: FX Killer Analysis Team Updated: 2025-12-19 10:22
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.