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flag British Pound weakens vs Euro amid political uncertainty.

flag The British Pound weakened against the Euro, retreating from recent highs due to political uncertainty and a cooling economic outlook. flag Concerns over Prime Minister Keir Starmer's leadership and falling expectations for Bank of England rate hikes weighed on Sterling, despite a recent resilience attributed to attractive carry trade dynamics. flag Analysts foresee further potential decline in the GBP/EUR rate.

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