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fxJul 30, 2026, 6:19 AM

Euro Pulls Back from Four-Week High vs Pound Ahead of BoE Decision

The Euro eased from a fresh four-week high at 0.8585 against the British Pound on Thursday, but its bullish trend remains intact.

EURGBP

The Euro slipped from the 0.8585 level against the Pound on Thursday, retreating from its highest point in four weeks. The move came as markets positioned ahead of the Bank of England's policy decision.

Despite the pullback, the uptrend in EUR/GBP remains in place, with price action holding above earlier levels. Traders will watch the BoE's guidance for cues on the pair's next direction.

Source: FXStreet Forex News