The UK's Office for National Statistics (ONS) reported that the CPI for the United Kingdom slowed to 3.4% from 4.0% in January. Additionally, Core CPI also decreased from 5.1% to 4.5% in February, leading investors to hope that the BoE may consider another interest rate cut.

However, the UK's inflation rate remains above the BoE's 2.0% target, causing the EUR/GBP currency to weaken again due to expectations that the European Central Bank (ECB) may begin to lower interest rates in June.

Investors have not yet made significant investment decisions and continue to pay attention to the BoE policy meeting on Thursday. Nevertheless, they can still profit within limited boundaries.