![EUR/GBP retreats from 5-month high as EU economy contracts EUR/GBP retreats from 5-month high as EU economy contracts](https://shmi.ir/wp-content/uploads/2023/10/EURGBP-retreats-from-5-month-high-as-EU-economy-contracts-150x203.jpg)
[ad_1] Share: EUR/GBP falls from a 5-month high of 0.8754, currently trading at 0.8705. Eurozone inflation drops to 2.9% in October, while GDP for Q3 misses forecasts, contracting by 0.1%. The Bank of England is expected to keep rates unchanged at 5.25% on November 2, as traders priced in rate cuts towards the