Sterling climbed to its highest level versus the euro in a twelve-month period on the weekend. The move followed July trade data that boosted UK currency confidence, providing a more positive outlook. The EUR/GBP rate fell under 0.850, erasing rises from earlier in July. ING now anticipates the pair to recede back toward 0.870 soon, suggesting further volatility. Spain’s last-gasp win over Argentina won them the 2026 World Cup, fueling nationwide celebration. The result drives six European teams straight into the Euro 2028 group rounds, shaping the next phase of the tournament.