Pound Sterling has wind in its sails and further gains against the Euro are possible in the coming five days.
The Pound has risen sharply this week, buoyed by a supportive global backdrop of rising stock markets and a favourable decision from the Bank of England on Thursday.
Pound Sterling is making a fresh push higher Friday, bolstered by the Bank of England's message that interest rates will only be reduced gradually, but the advance could yet be thwarted by technical resistance.
Pound Sterling tends to fall against the Euro on Bank of England days shows analysis. And today is such a day.
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