Today’s news could significantly impact the EUR/GBP exchange rate as Germany prepares to pass a constitutional amendment allowing it to ease borrowing limits under its debt brake. Analysts suggest that this development could keep the Euro below the March high around 0.8495.

Investors need to pay close attention to political events, as shifts in government policy often drive changes in currency performance. As the market responds to these unfolding events, the Euro may face pressures from both domestic and international sentiment.