The euro sterling exchange rate has settled slightly higher than it was previously during the hiatus in the Brexit drama.
Economists now reckon that the probability of a no-deal Brexit has dropped to 20 percent, from a 30 percent probability in October - hence the slight bump in the pound.
The pound is worth close to €1.17 on the foreign exchange markets in mid-November. We can expect little movement until the result of the British General Election is known, with many expecting a Boris Johnson victory.
Mind you there are no foregone conclusions when it comes to elections, referendums and the like.
More volatility in the currency markets can be relied upon thereafter.
