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?
GBP/EUR will respect the September-November range during the course of the next five days, with the 21-day moving average having a gravitational effect.
Euro exchange rates fell after the Eurozone's PMI survey for November revealed a deterioration in conditions, hastening the need for support from the European Central Bank (ECB).