EUR/GBP Rises to 0.8550 Driven by Strong Eurozone Inflation Data

The EUR/GBP currency cross continues its upward trajectory, trading around 0.8530 in early European hours on Monday. This increase marks four consecutive sessions of gains, primarily driven by the strengthening Euro following robust Eurozone inflation data released last Friday.

The positive inflation report instills confidence among investors, potentially signaling a strong economic outlook for the Eurozone.