Institutions: Despite the absence of major events in the UK, there is still a chance for the pound/euro to strengthen.

On December 10, Jinshi Data reported that analysts at Monex Europe stated in a report that the pound against the euro recently rose to its highest level since March 2022, and even without any UK events affecting the market on Tuesday, the pound against the euro may continue this upward trend. They said, ‘Similar calm periods in the recent past have largely benefited the pound, leading us to believe that the pound against the euro may continue yesterday’s rally.’ However, influenced by the generally stronger US dollar, the pound against the US dollar remains stable.