The budget could provide some jitters for Pound Sterling but won't derail the trend of appreciation.

Pound Sterling is in an uptrend against the Euro, but the near-term is likely to see more chop and churn.

The Pound to Euro exchange rate slid back below the 1.20 level after data showed the UK economy cooled in October as anxiety mounts ahead of next week's budget.

Pound Sterling retains an upward bias favouring patience for those looking to buy euros, say technical analysts at leading investment banks.