Pound Euro (GBP/EUR) Exchange Rate Holds Some Gains As Brexit Hopes Persist
GBP/EUR Exchange Rate Heads Higher on Brexit Deal Optimism
The Pound to Euro (GBP/EUR) exchange rate has sustained some ground since yesterday and is avoiding big losses today. If there is any optimistic Brexit progress soon, the pair could sustain even further gains, even as the Euro remains optimistic compared to weak rival currencies.
Returning no-deal Brexit fears last week caused GBP/EUR to fall from 1.1088 to 1.0920 throughout the week. GBP/EUR also touched on a two and a half month worst of 1.0837 at the end of last week.