EURGBP holds steady around the 0.8430 mark after enjoying gains in the previous sessions. The currency pair’s movement has been limited by a cautious market sentiment following President Trump’s threat to double tariffs on steel and aluminum imports. This increase, from 25% to 50%, has created unease among traders. As the market grapples with heightened risk, EURGBP showcases resilience as investors seek stability amidst the uncertain trade landscape. Analysts continue to monitor geopolitical developments to gauge potential volatility in the currency pair.