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Pound Euro forecast page 5 - GBP EUR

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

LIVE EXCHANGE RATE 13:47:13 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.17091 +0.11% 1.16891 1.17235 1.16964

Pound to Euro Rate Today: "Limited Scope" for GBP/EUR Gains

22 Jan 2024 at 2 PM - Written by David Woodsmith

The Pound to Euro (GBP/EUR) exchange rate was unable to hold 1-month highs near 1.1690 last week and retreated to 1.1660 on Monday, although relatively narrow ranges prevailed. Any further recovery in equities would support both the Pound and Euro. The timing of potential interest rate cuts by the Bank of England (BoE) and ECB will...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Tipped to Slip to 1.11 in Next Twelve Months

21 Jan 2024 at 5 PM - Written by Ben Hughes

GBP/EUR: Second Thoughts on BoE Policy SocGen expects that the Pound to Euro (GBP/EUR) exchange rate will weaken to near 1.11 on a 12-month view. Rabobank, however, expects Euro-Zone economic vulnerability will be crucial with GBP/EUR strengthening to 1.19 over the second half of 2024. GBP/EUR secured a net gain during the week...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Forecast: "Potential for EUR to slip vs. GBP" say Rabobank

18 Jan 2024 at 1 PM - Written by John Cameron

Bank of England Rate-Cut Expectations Scaled Back, GBP/EUR Exchange Rate Strengthens to 5-Week High The Pound has maintained a firm tone during the past 24 hours with markets continuing to react to the latest inflation data. The Pound to Euro (GBP/EUR) exchange rate strengthened to 5-week highs just above 1.1670 before settling...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Held Below 1.1650 Ahead of Key UK Releases

16 Jan 2024 at 8 AM - Written by Frank Davies

The Pound to Euro exchange rate hit resistance close to 1.1650 on Friday and retreated to just below 1.1630 in Europe on Monday. Equities were unable to make headway after the European open with market fretting over the risk of further tensions in the Red Sea which also hampered risk conditions. UK economic data will be very important...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Holds Above 1.1600 Despite UK GBP Data

14 Jan 2024 at 7 AM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate found support just above 1.1600 on Thursday and consolidated around 1.1630 on Friday. The latest UK data has not changed the narrative for the overall outlook with the economy flirting with recession for the second half of 2023. There are, however, expectations that the economy will perform...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Finds Support at 1.16

11 Jan 2024 at 9 PM - Written by Ben Hughes

The Pound to Euro (GBP/EUR) exchange rate dipped from 1.1630 to 1.1600 on Wednesday following comments by ECB council member Schnabel. GBP/EUR did find support at 1.1600 and settled around 1.1620 on Thursday. There is the potential for choppy trading after the US inflation data later on Thursday with overall risk conditions likely...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Edges Lower on Hawkish ECB Rhetoric

11 Jan 2024 at 2 PM - Written by James Fuller

Sterling overall has been held in narrow ranges during Wednesday. The Pound to Dollar (GBP/USD) exchange rate found support below 1.2700, but stalled below 1.2750 and traded around 1.2735. The Pound to Euro (GBP/EUR) exchange rate edged lower to just above 1.1615. ECB Council member Schnabel stated that financial conditions have...

CATEGORIES: Pound Euro Forecasts

Pound Sterling's 2024 Momentum vs Euro, Dollar Stalls on UK Data

9 Jan 2024 at 10 AM - Written by David Woodsmith

The Pound has gained ground in 2024 on the basis of stronger-than-expected UK data and an easing of immediate recession fears. The data has also bolstered expectations that the Bank of England will resist any moves to cut interest rates. The Pound to Euro (GBP/EUR) exchange rate hit 3-week highs just above 1.1645 late on Monday...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate: Tests Important Resistance on UK/EZ Divergence

8 Jan 2024 at 3 PM - Written by Frank Davies

The Pound to Euro exchange rate strengthened to a 2-week high just below 1.1630 on Friday before correcting slightly on Monday to trade around 1.1610. The relative outlook for the UK and Euro-Zone will remain a key element for the Pound. According to Rabobank; “While it is still difficult to paint a glaringly optimistic picture of...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Forecast 2024-2025: Consensus at 1.1520

8 Jan 2024 at 7 AM - Written by John Cameron

Rabobank forecasts that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.1905 at the end of 2024. In contrast, ING expects that GBP/EUR will slide to 1.1110 on a 12-month view. The consensus forecast in the latest Reuters poll was for GBP/EUR to trade slightly weaker at 1.1520 by the end of 2024. According to...

CATEGORIES: Pound Euro Forecasts