The Pound-to-Euro exchange rate is expected to trend towards a new three-year high in the coming months amidst ongoing support from elevated UK interest rates.
Pound Sterling's outlook against the Euro is bolstered by the release of an above-consensus UK inflation reading that limits the scope for further Bank of England rate cuts.
Pound Sterling faces a busy calendar in the coming week that can ignite some welcome volatility against the Euro.
Pound Sterling fell against the Euro and Dollar after global equity markets fell in response to a strong U.S. inflation print.