The EUR/GBP currency pair gained traction on Friday, hovering around the 0.8380 mark after losses from the previous session. However, the potential for further upside appears limited as market sentiment shifts. Following the Bank of England’s cautious tone on future rate cuts and revised inflation projections, the Pound Sterling (GBP) has shown strength against the Euro. Traders should assess how these developments will play out in upcoming market activities, particularly as economic data releases could influence pricing dynamics.