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Euro Pound forecast - EUR GBP

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

LIVE EXCHANGE RATE 20:21:18 Euro Pound Rate »
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Euro to Pound Forecast: EUR/GBP at 0.8540 "Likely to Drift Higher" say SocGen

19 Apr 2024 at 3 PM - Written by John Cameron

Pound Sterling Sinks after Dovish Bank of England Bailey Comments, GBP/EUR Exchange Rate Retreats to Below 1.1700 Overall interest rate expectations continue to drive major currencies. The bias on Thursday has been greater confidence in early Bank of England rate cuts, allied with some doubts whether the ECB will be as aggressive. In...

CATEGORIES: Euro Pound Forecasts

Pound Sterling Retreats Against Euro and Dollar as Long Positions Trimmed

19 Mar 2024 at 9 AM - Written by John Cameron

The Pound to Euro exchange rate (GBP/EUR) was unable to make headway on Friday and retreated below the 1.1700 level on Monday to trade around 1.1685. MUFG is still backing a medium-term GBP/EUR move to 1.2085. The Pound has been hampered by speculation that the Bank of England (BoE) will adopt a less hawkish stance at this week’s...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Euro to Pound Rate "Finds itself in a State of Flux": Danske

2 Mar 2024 at 6 AM - Written by Tim Boyer

The latest UK data indicates that hopes for lower interest rates have underpinned a rebound in the housing sector and boosted business confidence. The Euro has held firm, however, and the Pound to Euro (GBP/EUR) exchange rate has edged lower to 1.1675. Solid data and expectations of tax cuts next week should still underpin GBP/EUR...

CATEGORIES: Euro Pound Forecasts

Euro to Pound Outlook: The Down Trend has "Tentatively Stalled" says SocGen

7 Feb 2024 at 4 PM - Written by John Cameron

GBP/EUR Exchange Rate Rebounds from 2-Week Lows on Positive UK News Flow The Pound to Euro (GBP/EUR) exchange rate dipped to 2-week lows just below 1.1670 on Tuesday before a solid recovery to just above the 1.1700 level. The overall UK data flows has remained broadly positive which has helped underpin the Pound. Sentiment in...

CATEGORIES: Euro Pound Forecasts

Pound Sterling and Euro Both Struggle - Foreign Exchange News

5 Feb 2024 at 7 PM - Written by John Cameron

Foreign exchange update: The Pound to Euro exchange rate (GBPEUR) found support below the 1.1700 level in Asia on Monday and strengthened to near 1.1720 after the European open. Markets overall are more confident over the UK economic outlook and Euro-Zone investor confidence improved in February, but the Pound and Euro have both lost...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Euro to Pound Forecast: "EURGBP consolidate around 0.87" say Barclays

28 Nov 2023 at 3 PM - Written by Tim Boyer

The Pound Euro exchange rate (GBP/EUR) hit 3-week highs at 1.1550 on Monday before settling around 1.1535 with little change on Tuesday. UK equities retreated on Monday and registered further losses on Tuesday with weaker risk conditions tending to limit the scope for further Pound buying. Andrew Jones, portfolio manager at Janus...

CATEGORIES: Euro Pound Forecasts Pound Euro Forecasts

Pound to Euro Forecast: Scope to Rise to 1.1765 say ANZ

12 Oct 2023 at 12 PM - Written by John Cameron

Foreign exchange strategists at ANZ maintain a positive stance on the Pound to Euro (GBP/EUR) exchange rate, primarily due to expectations that the Euro-Zone will underperform the UK with heightened recession risks. It sees scope for GBP/EUR to strengthen to 1.1765. In contrast, MUFG expects that GBP/EUR will weaken to 1.1235 on a...

CATEGORIES: Pound Euro Forecasts Pound Sterling Forecasts

Pound Euro News: GBP/EUR Exchange Rate Rises as UK Inflation Climbs to 10.4%

22 Mar 2023 at 11 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate jumped on Wednesday morning after a surprise rise in UK inflation boosted Bank of England (BoE) interest rate rise bets. At the time of writing, GBP/EUR was trading at around €1.1369, having gained 0.2% on the day. Pound (GBP) Jumps as UK CPI Boosts BoE Bets The Pound (GBP) rallied on...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Pound Euro Exchange Rate News: GBP/EUR On the Back Foot as ECB Speculation Grips Trade

13 Sep 2022 at 8 AM - Written by John Cameron

GBP/EUR Exchange Rate Weakened by Speculative EUR Investors The Pound to Euro (GBP/EUR) exchange rate dropped on Monday as speculation of another 75bps rate hike from the European Central Bank (ECB) cheered EUR investors. At time of writing the GBP/EUR exchange rate traded at around €1.1510, which was roughly down 0.2% from Monday’s...

CATEGORIES: Euro Pound Forecasts

Pound Euro Exchange Rate News: GBP/EUR Directionless in Subdued Market Mood

9 Sep 2022 at 4 PM - Written by John Cameron

GBP/EUR Exchange Rate Sluggish Amid Muted Market Mood The Pound to Euro (GBP/EUR) exchange rate was sluggish on Friday as the passing of Queen Elizabeth and the Eurozone’s upcoming emergency energy meeting subdued trading. At time of writing the GBP/EUR exchange rate traded at around €1.1510, which barely changed from Friday’s...

CATEGORIES: Euro Pound Forecasts