Pound Sterling's recovery against the Euro ran into technical resistance ahead of the final day of trade in August. However, a potential test of 2024's highs looks to be on the cards for September.
The Pound to Euro exchange rate rally extends another day, with a high of 1.19 printed on Thursday.
Any negative market reaction to Nvidia's earnings results, due later today, will challenge Pound Sterling's ongoing rally against the Dollar and Euro.
The Pound to Euro exchange rate (GBP/EUR) is technically and fundamentally poised for further gains in the near term, and a move to 1.1850 is on the cards for this week.