• EUR/GBP has traded a 17 pip range since the European open; 0.8659-0.8676

• 0.8676 is 5.9 pips shy of Thursday's one-month peak (0.8681 was May 29 high)

• Ascent to one-month peak was influenced by BoE's relatively dovish hold

• 0.8696 is a resistance level beyond Thursday's high (0.8696 = GBP/EUR 1.15)

• UK PM Starmer vows to fight any challenge after leading rival Burnham wins big

• 10-year gilt yield heads for biggest daily rise since June 1

EURGBP


(Robert Howard is a Reuters market analyst. The views expressed are his own)