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Latest News About Sterling hits one‑year high against the euro on Sunday

Sterling climbed to its strongest level versus the euro in a twelve-month period on the weekend. The move followed July trade data that boosted UK currency confidence, providing a more positive outlook. The EUR/GBP rate fell under 0.850, erasing gains from earlier in July. ING now expects the pair to recede back toward 0.870 soon, pointing to further volatility. Spain’s late win over Argentina won them the 2026 World Cup, sparking nationwide celebration. The result propels six European teams straight into the Euro 2028 group rounds, setting the next phase of the tournament.