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Pound Euro forecast page 51 - GBP EUR

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

LIVE EXCHANGE RATE 14:16:40 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.15174 ▲ +0.15% 1.14982 1.15224 1.15004

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

10 Dec 2024 at 8 AM - Written by Tim Boyer

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

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

10 Dec 2024 at 8 AM - Written by Ben Hughes

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

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

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

8 Dec 2024 at 5 PM - Written by Frank Davies

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

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

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

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

STORY LINK Pound to Euro Subdued following UK and Eurozone PMIs

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

Pound Euro Exchange Rate: "There are many reasons to be underweight in the euro"

5 Dec 2024 at 8 AM - Written by Tim Boyer

STORY LINK Pound Euro Exchange Rate: "There are many reasons to be underweight in the euro"

The Pound to Euro (GBP/EUR) exchange rate has held comfortably above 1.2000 and secured a net gain to around 1.2070. The pair was on track for the seventh successive daily gain amid increased fears over Euro-Zone stagflation. According to ING; “Be it European political risk, weak activity, the threat of trade wars or energy prices...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Subdued despite Underwhelming Mid-Tier UK Data

4 Dec 2024 at 9 AM - Written by Frank Davies

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Subdued despite Underwhelming Mid-Tier UK Data

The Pound Euro (GBP/EUR) exchange rate treaded water on Tuesday following the publication of some mid-tier UK data, in the form of the latest BRC retail sales monitor. The Pound (GBP) maintained its ground against most of its counter currencies on Tuesday, despite a lacklustre economic data release. The UK's most recent BRC retail...

CATEGORIES: Pound Euro Forecasts

French Fears Drag EUR Lower, Pound to Euro Rate Surges to 10-Day Best

3 Dec 2024 at 12 PM - Written by David Woodsmith

STORY LINK French Fears Drag EUR Lower, Pound to Euro Rate Surges to 10-Day Best

Fears over the French economic and political backdrop have triggered renewed Euro selling on Monday with the Pound to Euro (GBP/EUR) exchange rate surging to 10-day highs around 1.2085. According to ING; “Unless inflation expectations drop sharply this week (not consensus), GBP rates being traded like USD rates should mean that...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate: GBP Rises as Rallying USD, French Political Fears Weigh on EUR

3 Dec 2024 at 12 PM - Written by David Woodsmith

STORY LINK Pound to Euro Rate: GBP Rises as Rallying USD, French Political Fears Weigh on EUR

The Pound to Euro exchange rate (GBP/EUR) rose on Monday as a climbing US Dollar (USD) and French political instability dented the Euro. The Euro came under significant pressure at the start of the week, due to the single currency’s negative correlation with a rallying US Dollar. USD strengthened following remarks by...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Week Ahead Forecast: French Fears in Focus

1 Dec 2024 at 2 PM - Written by Ben Hughes

STORY LINK Pound to Euro Rate Week Ahead Forecast: French Fears in Focus

Bank of America (BoA) has changed its forecasts at now expects that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.25 at the end of 2025 from 1.2150 previously. The bank also expects further gains to 1.30 at the end of 2026. In contrast, ING expects GBP/EUR will surrender interim gains to trade at 1.19 at the end of...

CATEGORIES: Currency Predictions Pound Euro Forecasts

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