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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 00:36:49 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.18869 +0.18% 1.18170 1.18977 1.18659

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...

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GBP/EUR Recovering, but Could Take another Hit from Retail Surveys

23 Feb 2017 at 10 AM - Written by Toni Johnson

The British Pound to Euro exchange rate was sold from its weekly highs on Friday afternoon as traders expected a relatively quiet week ahead for Sterling demand. Britain’s economic calendar will be relatively quiet until Markit’s February PMIs are published later in the week. The Euro, on the other hand, will be influenced by political...

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GBP EUR Exchange Drops despite Government Defeat in Supreme Court Case

24 Jan 2017 at 2 PM - Written by James Fuller

The British Pound to Euro exchange rate extended its daily gains on Wednesday afternoon and headed further above the level of 1.17. GBP traders firmed in anticipation that the UK government would publish a Brexit ‘white paper’. The Euro, on the other hand, became jittery after Ted Malloch, tipped to be US President Trump’s EU...

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GBP EUR Exchange Rallies as PM Outlines 'Brexit' Plans

17 Jan 2017 at 3 PM - Written by Ben Hughes

The British Pound to Euro exchange rate continued to trend over half a cent below the day’s opening levels towards the end of Wednesday’s session, but was able to limit its losses after a date for the Supreme Court’s Article 50 case decision was announced. UK Supreme Court will announce whether it will side with the High Court or UK...

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Fears for Future UK/EU Relationship Weigh on Pound Euro Trading

19 Dec 2016 at 11 AM - Written by John Cameron

The Pound to Euro exchange rate slipped on Tuesday afternoon. While it spent most of the day fluctuating, it was weakened later in the day by the latest Brexit comments from UK Prime Minister Theresa May. May refused to confirm that she would allow MPs a vote on the final Brexit plan and also indicated that the UK government may ignore...

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Pound Sterling (GBP) to Euro (EUR) Fluctuates Flatly on Bank of England (BoE) Disappointment

16 Dec 2016 at 10 AM - Written by Tim Boyer

The Pound to Euro exchange rate saw little change in movement on Friday as investors continued to react to Thursday’s disappointing Bank of England (BoE) meeting and the latest Brexit news. Meanwhile, the Euro recovered from its lows against the US Dollar. GBP/EUR began the week at the level of 1.1905. After hitting a weekly high of...

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How Does the Fed’s Policy Decision Affect Global Currency Forecasts?

14 Dec 2016 at 5 PM - Written by Frank Davies

The Federal Reserve’s Wednesday policy decision continued to have a strong effect on global foreign exchange markets on Thursday afternoon. Demand for risk-correlated currencies like the Australian Dollar and New Zealand Dollar remained limited, while the US Dollar continued to surge against rivals with a close negative correlation like...

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Pound Euro Exchange Rate Strengthens on Data-Light Day and Brexit Speculation

12 Dec 2016 at 3 PM - Written by Tim Boyer

Pound Sterling Trends Higher on Brexit Speculation In the absence of fresh domestic data the Pound Euro (GBP EUR) exchange rate has nevertheless trended higher at the start of the week as the mood towards Sterling turned generally positive. Hopes remain that the government will not pursue a hard Brexit, with a campaign group pushing...

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GBP EUR Exchange Rate Slides over Further 'Brexit' Uncertainty

28 Nov 2016 at 1 PM - Written by Ben Hughes

The GBP EUR exchange rate has dropped by around a cent this morning as market sentiment towards the Pound continues to slide as a result of 'Brexit' fears. Pound Euro (GBP EUR) Exchange Rate Pressured by 'Brexit' Concerns The Pound Euro (GBP EUR) exchange rate continues to suffer from investor uncertainty over 'Brexit' as a cross party...

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IFS Issues Shatter Analysis of Autumn Statement

24 Nov 2016 at 4 PM - Written by Minesh Chaudhari

Pound Euro Exchange Rate Close as IFS Blasts UK’s Future Prospects The Pound has managed to hit a rate of 1.17 against the Euro today, a step down from the earlier high of 1.18. UK news has been forward facing recently, with Chancellor Philip Hammond’s first and last Autumn Statement being followed by a pessimistic response from the...

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