The British pound faces ongoing downside pressures, warn analysts at Goldman Sachs.
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Soft undertones in the UK's monthly inflation report encouraged selling of pound sterling, but losses should be shallow.
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Going against the crowd, a major global bank is betting on a recovery by Britain's brow-beaten currency.
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Barclays expects pound sterling to recover against the euro in 2026.
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An extraordinary day of pre-budget leaks and counter-leaks leaves pound sterling on edge.
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The British pound is falling further into the red as the government looks set to deliver a monumental climbdown on taxes.
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The British pound fell against the euro, dollar and other currencies after the ONS said the UK economy grew just 0.1% in the three months of the third quarter.
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