Our Pound to Euro Week Ahead Forecast looks for 1.19 to act as gravity but for weakness to be limited below here.

Pound Sterling is under widespread selling pressure on Thursday and is registering a half-per cent fall against the Euro.

The Euro could come under fresh pressure against Pound Sterling as an unstable French government prepares to pass what will be a very unpopular budget.

Pound Sterling rose to its highest level of 2024 against the Euro after European Central Bank (ECB) President Christine Lagarde said signalled interest rates must come down faster.