EUR/GBP strengthens above 0.8300 despite rising bets of aggressive ECB rate cuts – FXStreet

The EUR/GBP pair has shown strength above the 0.8300 level, despite increasing expectations of aggressive rate cuts by the European Central Bank (ECB). This means that the euro is gaining strength against the British pound, even though there are concerns about potential interest rate cuts by the ECB. Traders are closely monitoring the situation as the market continues to assess the impact of possible rate cuts on the currency pair.