Euro outperforms Pound Sterling as ECB prepares for another rate hike

Euro outperforms Pound Sterling as ECB prepares for another rate hike

Source: EODHD - https://www.fxstreet.com/news/euro-outperforms-pound-sterling-as-ecb-prepares-for-another-rate-hike-202609021215
Published: Sep 02, 2026 8:15 AM

EUR/GBP edges higher on Wednesday, extending its advance for the third consecutive day and attempting to break above the narrow consolidation range that has been in place since late July. At the time of writing, the cross trades around 0.8589, its highest level since July 1.

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.