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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 12:55:16 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.09528 +0.04% 1.09442 1.09760 1.09488

British Pound to Euro FX Rate Flounders on Lack of Data

18 Aug 2017 at 5 PM - Written by John Cameron

The pound to euro exchange rate crashed lower on Friday afternoon as a UK data drought left Sterling vulnerable to yesterday’s mixed retail sales figures and continued scepticism regarding the UK’s Brexit negotiations. Year-on-year UK retail sales increased by 1.3% in July, significantly down from the previous month’s revised 2.8%...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP EUR Exchange Rate Update: Pound at 7-Year Low as Brexit Fears Hit Home

11 Aug 2017 at 12 PM - Written by Tim Boyer

The lack of GBP EUR movement today comes as the Pound to Euro rate nears its lowest level since March 2010. GBP Heading Down as Slow Data Day Raises Trader Concerns The lack of confidence seen in the Pound today is largely a symptom of deep-rooted Brexit concerns. With no direct UK data to refer to, traders have instead been focusing on...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Slides over Concerns for Brexit Negotiations

7 Aug 2017 at 11 AM - Written by Toni Johnson

The Pound Euro (GBP EUR) exchange rate tumbled at the start of this week’s session following reports that the UK’s Brexit negotiations ‘have not begun well’. Brexit Negotiations Concerns Weigh on Pound (GBP) Sterling stumbled in early trade this morning following suggestions that ‘differences’ in the UK government were...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Edges Higher as UK Manufacturing Beats Expectations

1 Aug 2017 at 1 PM - Written by Tim Boyer

Sterling has benefitted from domestic data this week more than the Euro and investors have continued to buy the British Pound to Euro exchange rate up from its recent lows. Britain’s July manufacturing PMI beat expectations today. After a brief dip to a low of 1.1145 on Monday evening, GBP/EUR recovered to above the week’s opening...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Advances despite Soft GDP Data as Markets Await FOMC Meeting

26 Jul 2017 at 12 PM - Written by Toni Johnson

The Pound Sterling to Euro exchange rate has been able to gain around 0.2% to trend in the region of 1.1210 today. This is despite the fact that the latest UK GDP figures have shown that the economy remains on sluggish form, with only a small rise recorded after the sharp first-quarter slowdown. UK GDP Rises to 0.3% in Second Quarter;...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Slumps as Mario Indicates QE Discussions Set for Autumn

20 Jul 2017 at 3 PM - Written by Toni Johnson

A combination of adverse market reaction to UK retail sales figures and hawkish comments from European Central Bank (ECB) President Mario Draghi have pushed the GBP/EUR exchange rate down to an eight-day low. The British Pound to Euro exchange rate has fallen to 1.1213 today, even though UK data was positive on the face of it and the ECB...

CATEGORIES: Pound Euro Forecasts

GBP EUR Rate Slumps -1.2% after UK Inflation Slows

18 Jul 2017 at 4 PM - Written by Toni Johnson

In disappointing news for Pound traders, the GBP EUR exchange rate has dropped to a one-week low of 1.1235. GBP EUR Rate Drops -1.2% on Lower Interest Rate Hike Hopes This decline is primarily because of trader fears about the next UK interest rate hike. Previous Bank of England (BoE) commentary has implied that a rate hike could occur...

CATEGORIES: Pound Euro Forecasts

GBP EUR Exchange Rate Slides as German Factory Orders Recover

6 Jul 2017 at 12 PM - Written by John Cameron

The Pound Euro (GBP EUR) exchange rate slipped from a two-week high this morning as Germany reported a jump in factory orders in May. Euro (EUR) Advances as German Factory Orders Rebound The Euro was able to rally from a two-week low earlier this morning following the release of Germany’s latest factory orders data. According to...

CATEGORIES: Pound Euro Forecasts

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