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How low will sterling go relative to the Euro during the coming year?

Following the Brexit referendum on June 23, 2016, The British Pound has lost significant value relative to the Euro. A chunk of this loss came immediately on the heels of the "leave" vote. As can be seen from the exchange rate chart, additional steady losses have occurred during the Summer of 2017. At the time of this writing in late August 2017, the rate stands at approximately 1.08 Euro per Pound sterling, and near-term parity between the currencies does not seem out of the question.

During the next twelve months (ending on September 1, 2018), what is the lowest value that the Pound will reach relative to the Euro?

Resolution will be through standard published exchange rates.


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