Pound Euro forecast page 49 - GBP EUR
A round up of the latest Pound Euro forecast news items from the Currency News desk.
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Pound-to-Euro Rate Nears 1.19 as UK Outperforms EU PMI Data
23 May 2025 at 7 AM - Written by Tim Boyer
STORY LINK Pound-to-Euro Rate Nears 1.19 as UK Outperforms EU PMI Data
The Pound Euro (GBP/EUR) exchange rate rose on Thursday as the UK PMIs outshone the Eurozone results, although higher UK government borrowing tempered Sterling’s gains.
At the time of writing, GBP/EUR was trading at €1.1861, up roughly 0.2% from the day’s opening level.
The Pound (GBP) struggled for direction on Thursday,...
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Pound to Euro Rate Ticks Higher, But Markets on High Alert
22 May 2025 at 10 AM - Written by Frank Davies
STORY LINK Pound to Euro Rate Ticks Higher, But Markets on High Alert
After sliding to lows near 1.1820 on Wednesday, the Pound Sterling to Euro exchange rate (GBP/EUR) has recovered to 1.1860.
The British Pound has gained limited net support from the batch of UK and Euro-Zone data releases, but there was no knock-out blow, especially with UK manufacturing still in trouble.
Global market dynamics are...
CATEGORIES: Pound Euro Forecasts
Pound-Euro Exchange Rate Dented despite Surge in UK CPI
21 May 2025 at 9 PM - Written by Tim Boyer
STORY LINK Pound-Euro Exchange Rate Dented despite Surge in UK CPI
The British Pound-to-Euro rate (GBP/EUR) was on the defensive on Wednesday following the release of the UK’s latest inflation data.
At the time of writing, the GBPEUR exchange rate was trading at around €1.1825, down roughly 0.3% from Wednesday’s opening levels.
The Pound (GBP) struggled to hold its ground on Wednesday, as...
CATEGORIES: Pound Euro Forecasts
Pound-to-Euro Forecast: GBP/EUR Gains Above 1.1900 say Analysts
21 May 2025 at 4 PM - Written by Frank Davies
STORY LINK Pound-to-Euro Forecast: GBP/EUR Gains Above 1.1900 say Analysts
The Pound Sterling-to-Euro (GBP/EUR) exchange rate briefly spiked after the UK inflation data before a retreat to 1-week lows around 1.1835.
Markets have ruled out the potential for a further Bank of England rate cut at the June policy meeting. In contrast, the ECB is expected to cut rates again, reinforcing the Pound’s yield...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Forecast: GBP Fails to Crack 1.19 Resistance
20 May 2025 at 11 PM - Written by Tim Boyer
STORY LINK Pound to Euro Forecast: GBP Fails to Crack 1.19 Resistance
The Pound to Euro (GBP/EUR) exchange rate failed to break resistance around 1.19 on Monday and is trading close to 1.1880. UK inflation data is likely to be pivotal over the next 24 hours and will determine whether GBP/EUR can break higher or will be subjected to a deeper correction.
ING commented; “Brace yourselves. April is always...
CATEGORIES: Pound Euro Forecasts
GBP/EUR Forecast: Pound Rangebound vs Euro despite Disappointing German Release
20 May 2025 at 10 AM - Written by David Woodsmith
STORY LINK GBP/EUR Forecast: Pound Rangebound vs Euro despite Disappointing German Release
The Pound-to-Euro (GBP/EUR) exchange rate traded in a narrow range on Tuesday as Germany published its latest producer price index (PPI).
At the time of writing, the GBP/EUR was trading at around €1.1885, virtually unchanged from Tuesday’s opening levels.
The Euro (EUR) advanced against most major currencies on Tuesday, brushing...
CATEGORIES: Pound Euro Forecasts
Pound-to-Euro Rate Steady as UK-EU Agree Post-Brexit Reset
19 May 2025 at 8 PM - Written by David Woodsmith
STORY LINK Pound-to-Euro Rate Steady as UK-EU Agree Post-Brexit Reset
The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Monday ahead of the UK-EU summit.
At the time of writing, the GBP/EUR was trading at around €1.1881, virtually unchanged from Monday’s opening levels.
The Pound (GBP) started the week strongly and gained ground against most major currencies as markets focused on...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Forecast: GBP/EUR Below Key Level Amid Bond-Market Wobble
19 May 2025 at 6 PM - Written by Tim Boyer
STORY LINK Pound to Euro Forecast: GBP/EUR Below Key Level Amid Bond-Market Wobble
The Pound-to-Euro exchange rate is trading around 1.1880 and again held below the 1.1900 level.
The Pound has gained some limited net support from the UK-EU deal, but unease over concessions and the small print could re-ignite domestic political division. Renewed tensions in global bond markets has also limited the scope for GBP/EUR...
CATEGORIES: Pound Euro Forecasts
Pound Sterling to Euro Forecast: GBP Under 1.19 Resistance, FTSE Gains
16 May 2025 at 11 AM - Written by Tim Boyer
STORY LINK Pound Sterling to Euro Forecast: GBP Under 1.19 Resistance, FTSE Gains
GBP/EUR has consolidated around 1.1875 with a firm tone, but again unable to break the 1.1900 resistance area.
The Pound to Euro exchange rate (GBP/EUR) has failed to break above 1.1900 for five successive days, but there will be speculation that optimism surrounding Monday’s UK-EU summit will trigger a move.
UBS commented; “we...
CATEGORIES: Pound Euro Forecasts