The EUR/GBP pair exhibits a bullish bias, supported by both fundamental and technical factors. Technically, EUR/GBP is trading in an uptrend, with the 50-day SMA above the 200-day SMA (Golden Cross) signaling bullish momentum. RSI above 50 and MACD in positive territory confirm strong buying pressure. The pair has broken key resistance at 0.8600, with the next upside targets at 0.8700 and 0.8800, while support lies at 0.8550. Fundamentally, the European Central Bank (ECB) is expected to maintain a more hawkish stance compared to the Bank of England (BoE), which is increasingly dovish due to slowing UK economic growth. The UK faces weaker economic data, rising recession risks, and softening inflation, prompting expectations of earlier BoE rate cuts. In contrast, the ECB is likely to hold rates higher for longer, supporting the euro.