Pound to euro exchange rate: Sterling 'has best day' this year rallying new highs

“This is as the market reacted positively to the weekend’s election results, and the perceived lower risks of a second Scottish independence referendum,” Michael continued.

“Today’s data calendar is quiet, hence attention will be on whether the quid can consolidate yesterday’s advance.”

The sterling has been steadily climbing against the euro since the election took place.

Speaking yesterday, the currency expert stated the pound started the week strong.


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