EUR/GBP Recovers to 0.8550 on Lagarde’s Hawkish Tone

The EUR/GBP pair extends its recovery to 0.8550, rebounding from near the 0.8500 psychological support level. The Euro strengthened against the Pound Sterling following dovish comments from ECB President Christine Lagarde, raising doubts about the previously anticipated June rate cut pivot. Key Factors: Technical Outlook: