Wall Street investment bank Goldman Sachs has lowered its forecasts for the Pound to Euro exchange rate.
The first half of the year saw the Pound to Euro Exchange rate (GBP/EUR) endure a notable fall, and a rebound looks some way off as the UK's star continues to fade.
Pound Sterling is forecast to retain a soft tone in the coming week.
Pound-to-Euro Profits From Oil's Retreat
- Category: EUR
The Pound to Euro exchange rate (GBP/EUR) is at 1.1726, up from Monday's low of 1.1642.