# EUR/GBP: A 150-basis-point policy gap did not prevent Friday’s euro uptick

> The Bank of England raised Bank Rate to 4%, while the European Central Bank left its deposit rate at 2.5%. Despite the 150-basis-point difference, the ECB’s EUR/GBP reference rate edged up on Friday, with the article cautioning that current rates alone do not determine currency movements.

- Date: 2026-11-08 · published 2026-11-08T09:10:08.480Z
- Category: macro · region United Kingdom and Eurozone · magnitude low
- Page: https://feedsoft.ai/events/87317-eur-gbp-a-150-basis-point-policy-gap-did-not-prevent-friday-s-euro-uptick
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The rate decisions shape relative returns and currency expectations, but the small move in the reference rate offers no clear directional signal for feed costs. No listed commodity is directly affected by this comparison.

## Sources

- fxnews.ai: https://fxnews.ai/news/eur-gbp-a-150-basis-point-policy-gap-did-not-prevent-fridays-euro-uptick/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.