GBP faces headwinds despite budget relief – Rabobank
The Pound Sterling (GBP) remains under pressure heading into 2026 amid flat UK growth and the Bank of England’s ongoing easing cycle. Political uncertainties and ECB rate expectations support a gradual rise in EUR/GBP, projected to reach 0.89 over the next six months, Rabobank’s FX analyst Jane Foley reports. UK growth flatlines as BoE easing persists “Despite the relief…











