Analysis from Bank of America shows Pound Sterling is on a multi-year journey to levels last seen on the day of the EU referendum.
Pound Sterling strength is offering euro buyers their best exchange rates in more than two and a half years.
Demand for permanent staff at UK businesses plunged following Chancellor Rachel Reeves' tax raid on employment. This is a potential red flag against Pound strength in 2025.
The Pound to Euro exchange rate holds a constructive setup ahead of this week's European Central Bank (ECB) decision and UK economic growth report.