The Pound to Euro exchange rate (GBP/EUR) has fallen to 1.1860 as the September selloff extends, with losses linked to faltering global investor sentiment.
Pound Sterling has risen for six months in succession against the Euro, but a recent recovery stalled at 1.19 and we could see a pullback evolve in the coming days.
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.