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EUR/GBP is trading with a modest upside bias on Tuesday, with the pair hovering near 0.8357, a gain of 0.10% on the session. The cross remains confined within a range close to levels last seen in April 2025, as the Euro (EUR) gains ground against the Pound Sterling (GBP) and most other major currencies. The Euro’s outperformance is being helped by renewed pressure on crude Oil prices. West Texas Intermediate (WTI) has fallen toward $83 per barrel, its lowest level since August 31, and is down about 16% so far this month. Expectations for progress in diplomatic talks between the US and Iran have reduced fears of further strikes, weighing on the Oil market.
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