EUR/GBP is currently trading cautiously near a two-year low of around 0.8250 as investors await the upcoming ECB policy meeting. The exchange rate between the euro and the British pound has been under pressure, with the euro weakening against the pound.
Traders are exercising caution as they await the outcome of the ECB policy meeting, which could have an impact on the exchange rate. The euro has been struggling in recent weeks, while the pound has been relatively strong.
Overall, the market is closely watching the developments in the EUR/GBP pair as it hovers near its two-year low. Investors are monitoring the situation closely and are prepared for any potential shifts in the exchange rate following the ECB policy meeting.