Pound Euro forecast page 36 - GBP EUR/FUNCTION.MYSQL
A round up of the latest Pound Euro forecast news items from the Currency News desk.
Pound-to-Euro Forecast: GBP Sterling Risk on "More Dovish" BoE
6 May 2025 at 10 AM - Written by Frank Davies
STORY LINK Pound-to-Euro Forecast: GBP Sterling Risk on "More Dovish" BoE
UPDATE: The Pound to Euro (GBP/EUR) exchange rate pared Tuesday's gains after Friedrich Merz became Germany's new chancellor, winning a second vote in the country's parliament.
"EURGBP sold off 0.7% before Merz sworn in, as his lack of majority casted doubts over the ability of the government to follow through with the stimulus...
CATEGORIES: Pound Euro Forecasts
Pound-to-Euro Rate Steady at 1.176 as EUR/USD Bounces of Lows
2 May 2025 at 7 AM - Written by Frank Davies
STORY LINK Pound-to-Euro Rate Steady at 1.176 as EUR/USD Bounces of Lows
As EUR/USD bounces of multi-week lows, the Pound Euro exchange rate (GBP/EUR) drifted sideways on Thursday, with both currencies lacking clear direction as traders looked ahead to Friday’s pivotal Eurozone inflation figures.
At the time of writing, GBP/EUR traded at €1.1766, having wavered in a narrow range.
The Euro (EUR) saw...
CATEGORIES: Pound Euro Forecasts
Pound to Euro May Forecast: FTSE 100 Index Revival Underpins Sterling
2 May 2025 at 7 AM - Written by Tim Boyer
STORY LINK Pound to Euro May Forecast: FTSE 100 Index Revival Underpins Sterling
The Pound to Euro (GBP/EUR) exchange rate found support below 1.1720 on Wednesday and rallied to near 1.1770 on Thursday, close to 3-week highs.
Many European markets were closed for the Labour-Day holiday which dampened activity with markets also waiting for the UK local election results.
Equity markets, however, held firm on...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Forecast: Sterling Stalls, Strong EUR Headache for ECB
1 May 2025 at 10 AM - Written by Tim Boyer
STORY LINK Pound to Euro Forecast: Sterling Stalls, Strong EUR Headache for ECB
The Pound to Euro rate (GBP/EUR) hit 3-week highs around 1.1790 in Asian trading on Wednesday before a retreat to 1.1760.
GBPEUR is likely to face further near-term resistance close to 1.1800, but expectations of a dovish ECB stance will provide solid underlying Pound support.
There has been further evidence that UK business...
CATEGORIES: Pound Euro Forecasts
Pound-to-Euro Rate Dips to 1.176 on EUR USD Reaction to GDP Data
1 May 2025 at 8 AM - Written by David Woodsmith
STORY LINK Pound-to-Euro Rate Dips to 1.176 on EUR USD Reaction to GDP Data
The Pound-to-Euro exchange rate ticked lower on Wednesday following the publication of the Eurozone’s latest GDP data.
At the time of writing, the GBP/EUR was trading at around €1.1749, down roughly 0.2% from Wednesday’s opening levels.
On Wednesday, the Euro (EUR) was mixed against its peers, strengthening against some...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Mid-Week Forecast: Sterling Bolstered on Closer UK-EU Hopes
30 Apr 2025 at 8 AM - Written by David Woodsmith
STORY LINK Pound to Euro Mid-Week Forecast: Sterling Bolstered on Closer UK-EU Hopes
The Pound to Euro exchange rate (GBP/EUR) hit 3-week highs around 1.1780 in Europe on Tuesday before settling around 1.1770. Hopes for closer UK-EU ties have continued to underpin the Pound Sterling in global markets.
UK equities edged higher in London trading which also helped support Sterling.
Ramifications of the aggressive US...
CATEGORIES: Pound Euro Forecasts
GBP/EUR Forecast: Pound Holds Steady vs Euro After Duo of Eurozone Data
29 Apr 2025 at 5 PM - Written by David Woodsmith
STORY LINK GBP/EUR Forecast: Pound Holds Steady vs Euro After Duo of Eurozone Data
The Pound-to-Euro exchange rate (GBP/EUR) was muted on Tuesday following the publication of two economic indicators from the Eurozone.
At the time of writing, the GBP/EUR was trading at around €1.1771, virtually unchanged from Tuesday’s opening levels.
On Tuesday, the Euro (EUR) wavered against its peers, declining against...
CATEGORIES: Pound Euro Forecasts
Pound Sterling to Euro Forecast: FTSE Winning Streak Boosts GBP Rates
29 Apr 2025 at 8 AM - Written by David Woodsmith
STORY LINK Pound Sterling to Euro Forecast: FTSE Winning Streak Boosts GBP Rates
The Pound to Euro rate has strengthened to 3-week highs above 1.1750 in European trading on Monday.
UK equity markets have made further headway with the FTSE 100 index aiming to post the 11th successive daily gain amid the on-going recovery from April lows which has helped underpin the Pound.
The rebound in equities has been a key...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Rate Rises as EUR/USD Momentum Softens
28 Apr 2025 at 3 PM - Written by David Woodsmith
STORY LINK Pound to Euro Rate Rises as EUR/USD Momentum Softens
A marginal decline seen in EUR/USD encouraged some Pound Euro (GBP/EUR) exchange rate gains on Monday as an improving market mood supported Sterling over the safer single currency.
At the time of writing, the Pound Euro (GBP/EUR) exchange rate traded at €1.1757, up almost 0.4% on the day.
The increasingly risk-sensitive Pound...
CATEGORIES: Pound Euro Forecasts