The British Pound may be 2025's worst-performing major currency, but the conditions for recovery are beginning to emerge.
Pound to Euro: GBP a Buy Says Citi
- Category: EUR
Pound Sterling is a 'buy' against the Euro says Citibank.
Pound Sterling has entered a technical downtrend against the Euro, with Tuesday's labour market report posing new downside risks.
A surprisingly soft UK inflation figure helped steady Pound Sterling against the Euro, but it was the soft U.S. inflation undershoot that really got the recovery going.