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British Pound weakens vs Euro amid political uncertainty.
The British Pound weakened against the Euro, retreating from recent highs due to political uncertainty and a cooling economic outlook.
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.
Analysts foresee further potential decline in the GBP/EUR rate.
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La libra británica se debilita frente al euro en medio de la incertidumbre política.