The pound euro (GBP/EUR) exchange rate ended the week just a few ticks lower.
The euro remained resilient despite eurozone inflation cooling to 2.2% YoY, from 2.6%, marking the lowest level since 2021.
The data reinforced expectations that the ECB will cut rates by 25 basis points in September after cutting rates by 25 basis points in June.
The pound is inching lower but booked gains across the week, with the pound supported by expectations that the BoE will keep rates restrictive until November.
The UK economic calendar is quiet again next week.