The Pound to Euro exchange rate (GBP/EUR) is trending higher at the start of the new week and could be on course to retest the 2024 highs in the coming days.
The Euro can find further near-term support as the odds of a 50 basis point rate cut recede further.
The Pound to Euro exchange rate could break higher if French risks break into the foreign exchange market.
What is driving the Pound's outperformance of the Euro?
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