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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 19:00:02 Pound Euro Rate »
GBP/EUR -0.01 Days Low Days High Last Daily
1.1518 -0.92% 1.14975 1.16328 1.16245

Pound to Euro Exchange Rate Forecast: GBP/EUR Firms as German GDP Impresses

24 Feb 2021 at 10 AM - Written by John Cameron

The Pound to Euro exchange rate firmed this morning as positive GDP data from Germany helped to bolster EUR. At the time of writing the pair are currently trading at around 1.1651. Pound (GBP) Finding Continued Support from UK Lockdown Easing The Pound was supported this morning as more details emerge from the UK Government’s...

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GBP/EUR Outlook: Pound to Euro Exchange Rate Rangebound as UK Awaits PM Roadmap

22 Feb 2021 at 10 AM - Written by John Cameron

GBP/EUR Exchange Rate Investors Optimistic Over Lockdown Easing The Pound remained steady this morning, as the day arrives for Prime Minister Boris Johnson to announce his ‘roadmap’ out of the third national lockdown which was implemented to combat the coronavirus pandemic. Although the Prime Minister is not expected to speak until...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Forecast: Pound to Euro Exchange Rate Falls as UK Retail Sales Disappoint

19 Feb 2021 at 11 AM - Written by John Cameron

The Pound to Euro exchange rate has found itself struggling this morning on the back of disappointing data from the UK. At the time of writing the pairing are currently trading at around 1.1528. Pound (GBP) Struggles as UK Retail Sales Miss Forecasts The Pound found its gains tempered this morning as retail sales data from the UK...

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Pound to Euro Exchange Rate Rises as UK Inflation Edges Higher

17 Feb 2021 at 11 AM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate was pushing above 1.15 this morning as positive inflation data from the UK edged higher. At the time of writing the pair are currently trading at around 1.1509. Pound (GBP) Supported by Inflation Rise in UK The Pound was gaining this morning as year-on-year inflation for January edged higher to...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rates Steady as UK Covid-19 Vaccine Rollout Buoys Business Morale

3 Feb 2021 at 4 PM - Written by John Cameron

GBP/EUR Exchange Rate Rangebound as Fears Rise Over UK Contraction The Pound to Euro exchange rate held steady today, with the pairing currently fluctuating around €1.13. Sterling was rangebound against the single currency today despite concerns that the UK economy could be set for a contraction in the first quarter. However, the...

CATEGORIES: Euro Forecasts Pound Euro Forecasts

GBP/EUR: Pound Euro Exchange Rate Rallies as UK Inflation Rate Betters Forecast

20 Jan 2021 at 3 PM - Written by Frank Davies

GBP/EUR Exchange Rate Strengthens as UK Inflation Rises The Pound to Euro (GBP/EUR) exchange rate picked up sharply as the headline UK inflation rate bettered forecasts for December. As the inflation rate strengthened from 0.3% to 0.6% on the year this encouraged investors to buy back into the Pound, betting that the Bank of England...

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Pound Euro Exchange Rate Loses Ground as German Economic Sentiment Jumps

19 Jan 2021 at 4 PM - Written by Frank Davies

Pound Euro Exchange Rate Under Pressure as German Economic Sentiment Strengthens A better-than-expected uptick in the German ZEW economic sentiment index saw the Pound to Euro (GBP/EUR) exchange rate trending lower. While forecasts had pointed towards a reading of 60 the index instead clocked in at 61.8, suggesting that sentiment picked...

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Pound to Euro (GBP/EUR) Exchange Rate Extends Downtrend as UK Services PMI Misses Forecast

6 Jan 2021 at 4 PM - Written by Frank Davies

Weaker UK Services PMI Dents Pound Euro Exchange Rate A surprise downward revision to December’s finalised UK services PMI left the Pound to Euro (GBP/EUR) exchange rate on the back foot. While forecasts had pointed towards a reading of 49.9 the PMI instead clocked in at 49.4, indicating that the sector had experienced greater...

CATEGORIES: Pound Euro Forecasts

Pound to Euro (GBP/EUR) Exchange Rate Falls as New UK Lockdown Restriction Fears Drags on Sterling

4 Jan 2021 at 5 PM - Written by John Cameron

GBP/EUR Exchange Rate Sinks on Fears of New UK Lockdown Restrictions The Pound to Euro (GBP/EUR) exchange rate fell by -1% today, with the pairing currently trading around €1.105. Sterling suffered today following comments from Prime Minister Boris Johnson, who said that there was a case for further and more severe Covid-19 lockdown...

CATEGORIES: Euro Forecasts Pound Euro Forecasts

Brexit Deal Done: Pound Euro Exchange Rate Surges as Likely Brexit Deal Today

23 Dec 2020 at 10 AM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate advanced by almost 1% on Wednesday PM as news broke that a no.10 source said a Brexit deal was "Possible but far from certain," adding that it could be ready by Wednesday evening. GBP/EUR jumped by almost one percent on the day but has since pulled back to trade around 1.1056. Reports earlier in...

CATEGORIES: Pound Euro Forecasts