Sterling Could Rise Against Weaker Euro

Sterling was weaker, but Rabobank said it is likely to rise further against the euro given the structural and political issues facing France and Germany, adding it expects EUR/GBP to fall to 0.8150 in 12 months, levels last seen just after the Brexit referendum.

Sterling was weaker, but Rabobank said it is likely to rise further against the euro given the structural and political issues facing France and Germany, adding it expects EUR/GBP to fall to 0.8150 in 12 months, levels last seen just after the Brexit referendum.