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fxAug 18, 2026, 4:11 PM

Euro Struggles Against Pound Ahead of UK Inflation Data

EUR/GBP slipped toward 0.8550 on Tuesday as the euro failed to hold earlier gains versus sterling ahead of UK inflation figures.

EURGBP

The euro gave up earlier strength against the British pound on Tuesday, with EUR/GBP trading near 0.8550 at the time of writing.

Traders are positioned ahead of upcoming UK inflation data, which could shape sterling's near-term path against the single currency.

Source: FXStreet Forex News