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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 19:40:41 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.13763 ▲ +0.2% 1.13394 1.13801 1.13537

Pound to Euro Exchange Rate News: GBP/EUR Wavers amid Lull in Data

9 Sep 2024 at 5 PM - Written by John Cameron

STORY LINK Pound to Euro Exchange Rate News: GBP/EUR Wavers amid Lull in Data

The Pound Euro (GBP/EUR) exchange rate moved without a clear direction on Monday despite a prevailing risk-off market mood. At the time of writing GBP/EUR was trading at €1.1841, virtually unchanged from Monday’s opening rate. The Pound (GBP) experienced a slight decline on Monday amidst a globally cautious trading atmosphere....

CATEGORIES: Pound Euro Forecasts

Pound to Euro Week Ahead Forecast: ECB Tipped to Cut This Week

8 Sep 2024 at 12 PM - Written by John Cameron

STORY LINK Pound to Euro Week Ahead Forecast: ECB Tipped to Cut This Week

MUFG expects the Pound to Euro (GBP/EUR) exchange rate to edged lower to 1.17 by the second quarter of 2025. In contrast, Barclays expects resistance levels will eventually break with the potential for GBP/EUR to strengthen to 1.21 over the medium term. GBP/EUR was held in relatively tight ranges during the week, but drifted lower...

CATEGORIES: Pound Euro Forecasts

Pound to Euro End of Week Forecast: GBP/EUR Wavers Despite Surprise German Factory Growth

6 Sep 2024 at 8 AM - Written by John Cameron

STORY LINK Pound to Euro End of Week Forecast: GBP/EUR Wavers Despite Surprise German Factory Growth

The Pound Euro (GBP/EUR) exchange rate faced fluctuations on Thursday, despite positive economic releases from the Eurozone. At the time of writing, GBP/EUR was trading at €1.1859, virtually unchanged from the session's opening levels. The Pound (GBP) struggled to attract investor interest on Thursday, with a sparse UK economic...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Holds Steady Following PMI Releases

5 Sep 2024 at 7 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Holds Steady Following PMI Releases

The Pound Euro (GBP/EUR) exchange rate experienced minimal movement on Wednesday following the release of the UK’s and Eurozone’s finalised services PMIs. At the time of writing, the GBP/USD was trading at around $1.3134, virtually unchanged from Tuesday’s opening levels. The Pound managed to maintain its position against most...

CATEGORIES: Pound Euro Forecasts

Pound to Euro: Rangebound

4 Sep 2024 at 8 AM - Written by John Cameron

STORY LINK Pound to Euro: Rangebound

The Pound Euro (GBP/EUR) remained mostly unchanged on Tuesday after the release of the latest retail sales monitor by the British Retail Consortium. At the time of writing, the GBP/USD was trading at around $1.3134, virtually unchanged from Tuesday’s opening levels. Pound (GBP) Supported by Data Release The Pound (GBP) firmed...

CATEGORIES: Pound Euro Forecasts

Economic, Political Woes Sap Single Currency Support, Pound to Euro Rate Buying on Dips

3 Sep 2024 at 10 AM - Written by John Cameron

STORY LINK Economic, Political Woes Sap Single Currency Support, Pound to Euro Rate Buying on Dips

Economic and Political Woes Sap Euro Support, GBP/EUR Buying on Dips The Pound to Euro (GBP/EUR) exchange rate has corrected from 5-week highs just above 1.19 posted last week, but the correction remains limited with the pair trading around 1.1870 and seeing solid buying on dips. The pair will need to break the 1.1910 area to...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Outlook: GBP/EUR Slips despite Downbeat Eurozone PMI

3 Sep 2024 at 10 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Outlook: GBP/EUR Slips despite Downbeat Eurozone PMI

The Pound Euro (GBP/EUR) exchange rate fell Monday despite news of improving manufacturing activity in the UK. At the time of writing, GBP/EUR was trading at €1.1867, down approximately 0.2% from Monday’s opening rate. The Pound (GBP) struggled to climb higher on Monday despite the publication of an upbeat British manufacturing...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Week Ahead Forecast: September Holds Key for GBP/EUR

2 Sep 2024 at 7 AM - Written by John Cameron

STORY LINK Pound to Euro Week Ahead Forecast: September Holds Key for GBP/EUR

Goldman Sachs forecasts that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.22 on a 12-month view. During the week, GBP/EUR strengthened to 5-week highs just above 1.19 before a correction to 1.1875. The pair remains close to the resistance levels above 1.19 which were tested in July. Other investment banks such as...

CATEGORIES: Pound Euro Forecasts

Inflation Slide Hurts Single Currency, Pound Sterling to Euro Exchange Rate Hits 5-Week Best

2 Sep 2024 at 7 AM - Written by David Woodsmith

STORY LINK Inflation Slide Hurts Single Currency, Pound Sterling to Euro Exchange Rate Hits 5-Week Best

There has been significant divergence in currency markets on Thursday with significant gains for the Australian and New Zealand dollars while the Euro has come under pressure following the release of weaker-than-expected inflation data. To some extent the Pound has been caught in the middle, along with the dollar, but the Pound to Euro...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate News: Aiming for August Best

28 Aug 2024 at 8 AM - Written by John Cameron

STORY LINK Pound to Euro Exchange Rate News: Aiming for August Best

The Pound has maintained a firm tone in global markets, supported by solid risk conditions while an on-going lack of confidence in the German outlook has curbed Euro support. In this environment, the Pound to Euro (GBP/EUR) exchange rate is trading around 1.1825 and close to 3-week highs. According to ING “EUR/GBP could make a run...

CATEGORIES: Pound Euro Forecasts

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