EUR/GBP finds itself back down near multi-year lows after BoE decision – FXStreet

EUR/GBP has returned to near multi-year lows following the recent decision by the Bank of England (BoE). The currency pair is currently facing downward pressure as a result of the central bank’s announcement. Traders are closely monitoring the situation as the EUR/GBP exchange rate continues to hover around these levels. The BoE decision has had a significant impact on the currency pair, with the exchange rate remaining near its lowest point in several years. This development has caused concern among investors and market participants, who are keeping a close eye on the situation. The EUR/GBP exchange rate is expected to remain volatile in the coming days as traders react to the BoE decision and its implications for the currency pair.