EUR/GBP weakens below 0.8550 ahead of speeches by BoE's Bailey, ECB's Lagarde

  • The EUR/GBP cross extends the decline to near 0.8545 during the early European session on Tuesday. The Pound Sterling (GBP) strengthens against the Euro (EUR) due to the stronger-than-expected UK June flash S&P Global Purchasing Managers' Index (PMI) data.