Eurgbp short daily

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Eurgbp short daily EUR/GBPOANDA:EURGBPabolfazlabediGBP remains fundamentally supported by a wider policy-rate differential and renewed expectations of tighter BoE policy as UK inflation reaccelerates. Meanwhile, although the ECB has turned more hawkish, euro-area wage pressures remain contained and the recent ECB tightening may increasingly be priced in. This creates a potential medium-term downside bias for EUR/GBP, particularly if UK inflation proves persistent and the BoE maintains a restrictive stance.