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#2026年比特币价格展望 $BTC, $ETH, $BNB Investors should pay attention: Weak GBP signals hit the market
Recently, the upward momentum of the GBP against the euro may be "braking." According to market analysis, Francesco Pesole, an analyst at ING, pointed out that the Bank of England is very likely to cut interest rates again in March, which would directly drag down the GBP exchange rate.
His logic is straightforward: if the Bank of England actually cuts interest rates early, the GBP will be pushed lower. From the data, the market has not yet fully priced in the expectation of another rate cut before June.
Pesole revealed a detail — the euro-GBP exchange rate has already fallen below 0.8700. According to their model, this level is within a "phase of undervaluation."
What does this mean? Macro-economic fluctuations often have a significant impact on the sentiment of the digital asset market. Weak GBP and rate cuts by the central bank are major events that can realign investors' risk allocations. Monitoring the movements of major currency pairs can help you better understand the overall direction of the crypto market.