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fxJun 24, 2026, 10:47 AM

EUR/GBP Hits Multi-Month Low but Holds Above 0.8600 Support

EUR/GBP touched its lowest level since August 15, 2025 on Wednesday, briefly probing the 0.8610 zone, but strong support at the 0.8600 area remains intact.

EURGBP

EUR/GBP fell to a new multi-month low on Wednesday, reaching levels not seen since August 15, 2025. The pair probed through key support at the 0.8610 zone, but the very strong support level around 0.8600 held firm.

Traders are monitoring whether the 0.8600 area will continue to cap further downside or give way to a deeper decline. The pair remains under pressure in the current FX environment.

Source: FXStreet Forex News