The decline in the pound sterling against the euro has seen many in the market kicking themselves over a lost opportunity.
The euro pound exchange rate has surged higher as we move through mid-March bringing to an end a period of solid gains for the pound sterling.
The strengthening pound sterling (GBP) could rise yet further, however gains will remain dependent on the vanquishing of key areas say analysts.
The pound sterling (GBP) is forecast to see its recent solid run against the euro run into strong resistance.
The British pound advanced in the mid-week session after it was shown that wage growth in the United Kingdom is starting to convincingly outpace inflation.
Despite a recent bout of euro strength the British pound is forecast to maintain a solid tone against its Eurozone rival.
Analysts are forecasting the pound to trade in subdued fashion against the euro in coming months.