The EUR/GBP pair is gaining strength as Eurozone inflation heats up and investors anticipate the Bank of England’s rate decision. Eurozone inflation is on the rise, adding pressure on the European Central Bank to consider tightening monetary policy. Meanwhile, market participants are eagerly awaiting the Bank of England’s interest rate announcement, which could impact the value of the British pound. The EUR/GBP pair is expected to remain volatile as these events unfold. Stay tuned for further updates on this developing situation.