BoE survey backs gradual stance, bodes well for EUR/GBP downside – XM

A recent survey by the Bank of England supports a gradual approach, which is positive news for EUR/GBP downside. This stance indicates a steady and cautious approach to monetary policy. This development is likely to have a favorable impact on the euro against the British pound. Investors can expect a gradual decline in the EUR/GBP exchange rate in the near future.

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