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At close · Thu, Jul 9, 2026
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Home›Forex›Major Pairs›EURGBP consolidates after posting a fresh 1-year low

EURGBP consolidates after posting a fresh 1-year low

The pair is on track for a third straight weekly loss as Sterling gains on calmer UK political conditions following PM Starmer’s resignation.

Reported · Written up by our desk · Major Pairs

Action Forex reports EURGBP has held within a narrow consolidation on Thursday after hitting a new over one-year low during recent bearish acceleration.

The outlet adds that the currency pair is set for its third consecutive week of strong losses, with Sterling supported by a calmer political backdrop after PM Starmer’s resignation.

Sources

Action ForexEURGBP – Limited Correction to Precede Fresh Push Lower

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