LONDON - Sterling hit its weakest against the euro in 1-1/2 months on Monday on the back of data showing a fall in UK mortgage approvals.
Figures showed UK mortgage approvals fell slightly more than expected in January, although consumer and mortgage lending picked up more than forecast.
The euro EURGBP=D4 rose as high as 90.09 pence, its highest since mid-January, edging up from around 89.97 pence before the data.
Sterling GBP=D4 fell to around $1.5140, having traded around $1.5165 ahead of the figures.
(Reporting by London Forex Team)