![(FILES) In this file photo taken on October 05, 2017 British one pound sterling coins are arranged for a photograph in central London. Sterling sank Tuesday close to a one-month dollar low as investors fretted over heightened Brexit tensions before crunch trade talks between London and Brussels. In midday deals, the pound dropped more than 1.0 percent versus the greenback to hit $1.3022 -- a level last seen on August 12. / AFP / Daniel SORABJI](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/HDPFXVJR74SH2AYCD4G5FURCKU.jpg?smart=true&auth=7039d70eb70f49c43e441c3aa23ab7e1ee822f2b7af7dd2aaad0a92d2480a936&width=400&height=225)
Goldman Sachs urged its clients to “go long” on sterling versus the euro on Monday. AFP
Goldman Sachs urged its clients to “go long” on sterling versus the euro on Monday. AFP
Goldman Sachs backs sterling and an early November post-Brexit trade deal
British pound plunged in 2016 when the UK voted to leave the EU