EUR/GBP Price Forecast: 100-day SMA blocks recovery as momentum remains subdued

EUR/GBP Price Forecast: 100-day SMA blocks recovery as momentum remains subdued

Source: EODHD - https://www.fxstreet.com/news/eur-gbp-price-forecast-100-day-sma-blocks-recovery-as-momentum-remains-subdued-202609221148
Published: Sep 22, 2026 7:48 AM

EUR/GBP edges higher on Tuesday as the British Pound (GBP) remains under pressure across the board, weighed by concerns over the UK’s deteriorating fiscal outlook and the Bank of England’s (BoE) reluctance to raise interest rates while several major central banks have moved toward tighter policy.

Market context: This update is relevant to EUR traders, with EURGBP as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.