The EUR/GBP pair is showing bullish momentum, supported by fundamental and technical factors. Fundamentally, the Bank of England (BoE) is expected to cut interest rates sooner than the European Central Bank (ECB) due to weaker UK economic growth and moderating inflation. Meanwhile, the Eurozone economy is stabilizing, and the ECB’s cautious stance on rate cuts provides relative support for the euro. Additionally, uncertainty around the UK’s economic outlook and trade conditions post-Brexit add to GBP weakness. Technically, EUR/GBP is trading above key moving averages (50-day & 200-day SMA), confirming an uptrend. MACD remains in bullish territory, and RSI above 50 signals strong buying pressure. The pair has broken resistance at 0.8600, with the next targets at 0.8700 and 0.8800, while key support lies at 0.8550. If momentum holds, EUR/GBP could extend gains towards 0.8800 in the near term.