EUR/GBP Price Forecast: Bulls challenge 0.8600 resistance after weeks of consolidation

EUR/GBP Price Forecast: Bulls challenge 0.8600 resistance after weeks of consolidation

Source: EODHD - https://www.fxstreet.com/news/eur-gbp-price-forecast-bulls-challenge-08600-resistance-after-weeks-of-consolidation-202609251216
Published: Sep 25, 2026 8:16 AM

EUR/GBP trades flat around 0.8600 on Friday and is heading for a weekly gain as the Bank of England’s (BoE) wait-and-see stance weighs on the British Pound (GBP). The BoE has remained on hold so far this year, leaving its benchmark rate unchanged at 3.75% at last week’s meeting.

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.