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Pound Euro forecast page 49 - GBP EUR

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

LIVE EXCHANGE RATE 01:12:35 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.15276 +0.01% 1.1521 1.15291 1.15263

Pound to Euro Rate Forecast for Week Ahead: Make or Break for Sterling Rates

15 Dec 2024 at 11 AM - Written by Frank Davies

Goldman Sachs forecasts that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.2660 at the end of 2025. SocGen expects near-term GBP/EUR gains before a steady retreat to 1.1765 by the end of 2025. GBP/EUR hit a 33-month high at 1.2150 during the week before a sharp retreat to 1.2025. The ECB cut interest rates by 25...

CATEGORIES: Currency Predictions Pound Euro Forecasts

European Interest Rate Cuts Continue, Pound to Euro Rate Near Multi Year Highs

13 Dec 2024 at 10 AM - Written by David Woodsmith

The ECB and Swiss interest rate cuts maintained underlying demand for the Pound, although there was also an element of profit taking on short Euro positions which capped Pound buying. The Pound to Euro (GBP/EUR) exchange rate traded around 1.2140 and close to the 33-month high just above 1.2155 recorded on Wednesday. The Pound to...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate on the Defensive Following ECB Rate Cut

13 Dec 2024 at 9 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate trended broadly lower on Thursday following the release of the European Central Bank’s (ECB) latest interest rate decision. At the time of writing, the GBP/EUR was trading at around €1.2108, down roughly 0.3% from Thursday’s opening levels. Euro (EUR) Firms Following ECB Rate...

CATEGORIES: Pound Euro Forecasts

Best Pound to Euro Exchange Rate for Sterling Sellers in 33 Months

12 Dec 2024 at 7 AM - Written by David Woodsmith

The Pound to Euro rate (GBP/EUR) strengthened further on Wednesday with gains to a 33-month high of 1.2135. The March 2022 high was close to 1.2185 and any break above this level would lead to the highest levels since 2016 and potentially trigger further buying. Jane Foley, senior forex strategist at Rabobank commented; “This...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Forecast: Eurozone Interest Rate Decision to Drive Movement

12 Dec 2024 at 7 AM - Written by James Fuller

The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Wednesday amid a lull in data releases from the UK and the Eurozone. On Wednesday, the Euro (EUR) failed to capture much investor interest and remained stuck in a tight trading range against most of its major peers. With no significant economic data from the...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Ticks Up amid Upbeat Trade

10 Dec 2024 at 8 AM - Written by Ben Hughes

The Pound Euro (GBP/EUR) exchange rate firmed on Monday as the currency pair was underpinned by the start of the week’s cheery market conditions. On Monday, the Euro (EUR) had a tough time attracting investor interest due to a combination of sparse economic data and a generally positive market sentiment, which tends to diminish the...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Nears 32-Month Best Despite Chinese Euro Support

10 Dec 2024 at 8 AM - Written by Tim Boyer

The Pound to Euro exchange rate (GBP/EUR) has secured fresh support on Monday with an advance to 1.2085, close to key resistance just above 1.2100. Any move to above 1.2110 would be a 32-month high for the pair. The Euro has gained some protection from a monetary policy shift in China for the first time in 14 years with the...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Week Ahead Forecast: Push to €1.21

8 Dec 2024 at 5 PM - Written by Frank Davies

Wells Fargo forecasts that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.2540 at the end of 2025. In contrast, after initial strength, MUFG expects GBP/EUR will be held to 1.2050 at the end of next year. During the week, GBP/EUR strengthened to near 1.2100 before settling with a small net gain to around...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/EUR Exchange Rate Outlook: Pound Muted despite Underwhelming Eurozone Data

6 Dec 2024 at 9 AM - Written by Ben Hughes

The Pound Euro (GBP/EUR) exchange rate traded mostly sideways on Thursday following the release of the Eurozone’s latest retail sales data. On Thursday, the Euro (EUR) gained strength against several other currencies but remained subdued against the Pound (GBP) despite the release of some underwhelming domestic data. The...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Subdued following UK and Eurozone PMIs

5 Dec 2024 at 8 AM - Written by David Woodsmith

The Pound Euro (GBP/EUR) exchange rate was mostly flat on Wednesday following the release of the UK’s and the Eurozone’s finalised services PMIs. On Wednesday, the Pound (GBP) experienced a slight rise against several major currencies, driven by a mix of positive factors. Firstly, Bank of England (BoE) Governor Andrew Bailey's...

CATEGORIES: Pound Euro Forecasts