A November interest rate cut at the Bank of England could put 2022 Truss-era lows in the frame.
Pound sterling rises across the board as fiscal fears diminish, but worryingly, is unable to make the highs stick.
The pound to euro exchange rate (GBP/EUR) has been remarkably calm of late.
A wide range of policy outcomes and cyclical factors support further underperformance of Pound Sterling, warns Goldman Sachs.
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