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Pound Euro forecast - GBP EUR

A round up of the latest Pound Euro forecast news items from the Currency News desk.

LIVE EXCHANGE RATE 16:41:51 Pound Euro Rate »
GBP/EUR -0 Days Low Days High Last Daily
1.13674 -0.11% 1.13532 1.13994 1.13797

GBP EUR Exchange Rate Trends Narrowly Ahead of ECB and BoE Comments

26 Jun 2017 at 4 PM - Written by Frank Davies

As the Conservatives and the Democratic Unionist Party (DUP) finally agreed a confidence and supply arrangement the Pound Euro exchange rate was encouraged to trend higher. However, this sense of optimism proved remarkably short-lived as the future of the minority Conservative government is still far from guaranteed at this...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Slips Lower as Haldane Rally Cools

22 Jun 2017 at 10 AM - Written by Toni Johnson

Demand for the British Pound generated yesterday by improving UK interest rate hike odds has dissipated today. The GBP/EUR exchange rate is stuck marginally below opening levels at 1.1339 today, as markets await the latest industry data from the Confederation of British Industry (CBI). GBP Weakens as Haldane Rally Runs out of...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Tight as Brexit Talks Begin

19 Jun 2017 at 3 PM - Written by Toni Johnson

The Pound’s latest appreciation against the Euro comes on the first day of full Brexit talks. Pound Rises on Strong Start to Brexit Talks The main cause of a Pound to Euro rise today has been the news that Brexit negotiations have finally begun. The official meeting between David Davis from the UK and Michel Barnier from the EU has...

CATEGORIES: Euro Pound Forecasts Pound Euro Forecasts

GBP EUR Exchange Rate Remains Under Pressure in Final Days of UK Election Campaign

6 Jun 2017 at 2 PM - Written by Frank Davies

As May’s BRC like-for-like sales data proved discouraging the Pound Euro exchange rate weakened, reversing some of the week’s earlier gains. Confidence in the Pound remains somewhat limited ahead of Thursday’s general election, even though the odds continue to favour a Conservative victory. With opinion polls still pointing...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Slips Despite Impressive Construction PMI

2 Jun 2017 at 11 AM - Written by Ben Hughes

The Pound Euro (GBP EUR) exchange rate remains on the back foot this morning despite a better than expected UK Construction PMI. According to data published by IHS Markit, activity in the UK’s construction sector surged from 53.1 to 56.0 in May, easily outpacing expectations that it would slip to 52.7 and striking its best levels since...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Rallies as German Inflation Misses Forecast

30 May 2017 at 4 PM - Written by Minesh Chaudhari

Speculation over Greece and the potential reigniting of the Eurozone debt crisis encouraged the Pound Euro exchange rate to trend higher. As German media reported that Greece could be at risk of defaulting on its next bailout repayment in July the appeal of the single currency weakened markedly, despite Greek officials rapidly rejecting...

CATEGORIES: Currency Predictions Euro Pound Forecasts Pound Euro Forecasts

GBP EUR Exchange Rate Tumbles as Merkel Decries ‘Weak’ Euro

22 May 2017 at 5 PM - Written by Toni Johnson

The Pound Euro (GBP EUR) exchange rate plummeted over half a cent in trade today following comments from German Chancellor Angela Merkel. In a panel with a group of students at Kurt Tucholsky high school in Berlin today Merkel was discussing building a closer relationship with new French President Emmanuel Macron when she was asked about...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/EUR Wobbles around Opening Levels despite Strong Factory Order Growth

19 May 2017 at 12 PM - Written by Minesh Chaudhari

The GBP/EUR exchange rate remains stuck around opening levels of 1.1656 today, with strength in both currencies creating a stalemate. Data from the Confederation of British Industry (CBI) has shown that factory orders rose at the swiftest pace in May since February 2015, with the balance of the order book index increasing from 4 to...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Fails to Capitalise as Greece Re-enters Recession

15 May 2017 at 12 PM - Written by Tim Boyer

The GBP/EUR exchange rate is struggling around opening levels of 1.1792 today. The British Pound has been kept weak by a new report from EY ITEM Club which offers a dovish forecast for the UK labour market over the coming years. As well as a -0.1% fall in employment in 2018, the unemployment rate will rise from 4.7% to 5.4%, increasing...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Rallies from Worse Levels Amid Euro Profit Taking

26 Apr 2017 at 2 PM - Written by Frank Davies

The Pound Euro (GBP EUR) exchange rate began to trend higher this morning as investors moved to consolidate their recent gains. The Euro’s advance was halted this morning as markets saw an opportunity for profit taking, following the single currency’s rally after the result of first round voting in the French Presidential...

CATEGORIES: Daily Currency Updates Pound Euro Forecasts