Pound Sterling trades near 2024 highs against the Euro as market attention turns to French political instability.
The Pound to Euro exchange rate (GBP/EUR) is trending higher at the start of the new week and could be on course to retest the 2024 highs in the coming days.
The Euro can find further near-term support as the odds of a 50 basis point rate cut recede further.
The Pound to Euro exchange rate could break higher if French risks break into the foreign exchange market.
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