The Pound to Euro exchange rate (GBP/EUR) extended its foothold above 1.20 after the German government collapsed.
Pound Sterling has advanced against the Euro as markets prepare for a second Trump Presidency.
The Bank of England will strike a 'hawkish' note on Thursday but don't expect this to boost the Pound.
Pound Sterling is under near-term pressure against the Euro as it enters a week that will be dominated by a Bank of England interest rate decision.
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Global Currency Exchange Network Ltd T/A GC Partners. Global Currency Exchange Network Ltd is authorised by the FCA under the Payment Services Regulations, 2017 (FRN: 504346). Registered as a Money Services Business, regulated by HM Revenue & Customs ("HMRC") under the Money Laundering Regulations 2017. (Registration number is 12137189). Registered in England and Wales. Company number 04675786. Registered Office 3rd Floor 100 New Bond Street, London, England, W1S 1SP.
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