EUR/GBP edges lower as Sterling performs strongly across the board.

EUR/GBP Edges Lower as GBP Strengthens Amid BoE Policy Outlook

The EUR/GBP currency pair dipped to around 0.8285 during Friday’s North American session, retreating after failing to sustain Thursday’s recovery above the critical 0.8300 resistance level. The pair’s decline comes as the British Pound (GBP) gains broad-based strength, fueled by market expectations that the Bank of England (BoE) will adopt a slower pace in its policy-easing cycle compared to other central banks.

This shift highlights growing confidence in the UK economy and the BoE’s hawkish stance, influencing currency markets and keeping traders closely attuned to GBP movements.