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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 03:02:07 Pound Euro Rate »
GBP/EUR -0 Days Low Days High Last Daily
1.14973 ▼ -0.01% 1.14925 1.15011 1.14981

Pound to Euro Week Ahead Forecast: Latest GBP/EUR Projections 2024

24 Mar 2024 at 10 AM - Written by David Woodsmith

STORY LINK Pound to Euro Week Ahead Forecast: Latest GBP/EUR Projections 2024

Currency exchange forecasters at Danske Bank expect the Pound to Euro exchange rate (GBP/EUR) will weaken to 1.1365 over the next few months. BNPP, however, expects that GBP/EUR will strengthen to 1.2050 at the end of 2024. GBP/EUR dipped sharply to 2-month lows at 1.1625 before a tentative recovery to 1.1650. The Bank of England...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Forecast: GBP/EUR Slides as BoE Speculation Builds

23 Mar 2024 at 9 AM - Written by John Cameron

STORY LINK Pound to Euro Exchange Rate Forecast: GBP/EUR Slides as BoE Speculation Builds

The Pound to Euro (GBP/EUR) exchange rate retreated after Thursday’s Bank of England (BoE) policy decision and selling has continued to Friday with markets more confident that the central bank would cut interest rates at the June policy meeting. GBP/EUR retreated to 2-month lows at 1.1640 after Friday’s European...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Slips to 1.166 as BoE Edges Closer to Rate Cut

21 Mar 2024 at 4 PM - Written by John Cameron

STORY LINK Pound to Euro Rate Slips to 1.166 as BoE Edges Closer to Rate Cut

A slightly more dovish Bank of England policy stance undermined the Pound on Thursday while there were mixed Euro developments. The Pound to Euro (GBP/EUR) exchange rate initially strengthened to 1.1720 before a slide to 20-day lows just below 1.1670. The Euro drew technical support from a jump in the EUR/CHF rate following a...

CATEGORIES: Pound Euro Forecasts

Pound / Euro Rate Today: Above 1.17 as Low Volatility Offsets UK Inflation

20 Mar 2024 at 10 AM - Written by John Cameron

STORY LINK Pound / Euro Rate Today: Above 1.17 as Low Volatility Offsets UK Inflation

The Pound to Euro exchange rate (GBP/EUR) briefly dipped to 1.1685 after the latest inflation data before a recovery to 1.1710. ING expects Thursday’s Bank of England decision will be crucial in determining whether GBP/EUR can attack 1.1765 resistance. The slightly lower-than-expected inflation data nudged markets towards a Bank...

CATEGORIES: Pound Euro Forecasts

Pound Sterling Retreats Against Euro and Dollar as Long Positions Trimmed

19 Mar 2024 at 9 AM - Written by John Cameron

STORY LINK Pound Sterling Retreats Against Euro and Dollar as Long Positions Trimmed

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

Pound to Euro 2024-2025 Forecast: Major Slide 1.15 to 1.06 say RBC

17 Mar 2024 at 10 AM - Written by John Cameron

STORY LINK Pound to Euro 2024-2025 Forecast: Major Slide 1.15 to 1.06 say RBC

Foreign exchange analysts at RBC Capital Markets expect to see a Pound Sterling retreat to 1.15 at the end of 2024 and forecasts a major slide to 1.06 at the end of 2025. BNP Paribas, however, expects that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.21 at the end of 2024 and hold the gains until the end of...

CATEGORIES: Pound Euro Forecasts

Pound Sterling: Battle Lines Drawn, Support vs Euro Below 1.17

15 Mar 2024 at 11 AM - Written by John Cameron

STORY LINK Pound Sterling: Battle Lines Drawn, Support vs Euro Below 1.17

The Pound to Euro exchange rate (GBP/EUR) again found support below 1.1700 on Wednesday and moved back above 1.1700 to trade just above this level on Thursday. Global markets conditions have been favourable for the Pound with low volatility and net gains in equities as the UK FTSE 100 index posted a 7-month high. According to MUFG;...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Consolidates Close to 1.17

13 Mar 2024 at 9 PM - Written by John Cameron

STORY LINK Pound to Euro Exchange Rate Consolidates Close to 1.17

The Pound to Euro (GBP/EUR) exchange rate has found support just below 1.17 and edged above this level after the UK GDP data. The Pound and Euro have both benefitted from robust risk conditions with the US S&P 500 index posted a fresh record high overnight while several European bourses have also posted record highs. Apart from...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Week Ahead Forecast: Can Three-Week Best Hold for Buyers?

10 Mar 2024 at 2 PM - Written by John Cameron

STORY LINK Pound to Euro Week Ahead Forecast: Can Three-Week Best Hold for Buyers?

Foreign exchange analysts at CIBC expect the Pound to Euro exchange rate (GBP/EUR) to strengthen to 1.19 at the end of the second quarter. MUFG expects risk conditions will be important; “the current favourable low volatility market conditions for carry trades that favour the pound more than the euro.” GBP/EUR was unable to...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Tests Three-Week Best as Global Euphoria Lifts Sterling

8 Mar 2024 at 9 PM - Written by David Woodsmith

STORY LINK Pound to Euro Rate Tests Three-Week Best as Global Euphoria Lifts Sterling

Benign global risk conditions and expectations of an ECB rate cut ahead of the Bank of England (BoE) have underpinned the Pound in global markets with the Pound to Euro (GBP/EUR) exchange rate strengthening to 3-week highs just below 1.1740. There is likely to be further strong resistance on any GBP/EUR move to 1.1765 and a slide in...

CATEGORIES: Pound Euro Forecasts

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