EUR/GBP Price Forecast: Under growing bearish pressure below 0.8550

EUR/GBP Price Forecast: Under growing bearish pressure below 0.8550

Source: EODHD - https://www.fxstreet.com/news/eur-gbp-price-forecast-under-growing-bearish-pressure-below-08550-202608110835
Published: Aug 11, 2026 4:35 AM

The Euro (EUR) extends losses for the second consecutive day against the British Pound (GBP) on Tuesday, weighed by a cautious market mood as hopes of a swift end to Iran’s war wane and Oil prices climb. The EUR USD pair remains capped below 0.8550 after hitting two-week lows at 0.8536 on Monday.

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.