The pound declined against the European single currency in late Asian deals on Tuesday.
The pound depreciated to a 4-day low of 0.8507 against the euro from an early Asian session's high of 0.8494. If the pound extends downtrend, next support lies around 0.86 level. The euro-pound pair closed Monday's deals at 0.8501.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.