EUR/GBP Stuck Near 0.8550 Amid Risk-Off Conditions

The EUR/GBP cross has stalled near the 0.8550 mark due to persistent risk-off sentiment in global markets, which is limiting any meaningful upside for the euro against the pound.

The pair has been unable to sustain rallies above this level, with investors favoring the safe-haven British pound amid ongoing concerns over global growth and geopolitical tensions.

The euro's upside attempts have been repeatedly sold into around 0.8550, a level that has acted as a short-term resistance zone.