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Pound Euro forecast page 53 - GBP EUR

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

LIVE EXCHANGE RATE 07:33:43 Pound Euro Rate »
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1.13257 ▲ +0% 1.13075 1.13293 1.13253

Politics Dominate the Pound and Euro Exchange Rates

26 Jun 2024 at 5 PM - Written by John Cameron

STORY LINK Politics Dominate the Pound and Euro Exchange Rates

The Pound to Euro exchange rate (GBP/EUR) advanced to highs just above 1.1860 on Tuesday before settling around 1.1845. There are further doubts surrounding the Euro-Zone economic outlook, although political developments are tending to dominate at this stage with the countdown underway for two important elections in France and the...

CATEGORIES: Pound Euro Forecasts

Pound Election Update: Sterling Retreats to 10-Day Lows vs Euro

24 Jun 2024 at 5 PM - Written by John Cameron

STORY LINK Pound Election Update: Sterling Retreats to 10-Day Lows vs Euro

The Pound to Euro (GBP/EUR) exchange rate has continued to drift lower with a decline to 10-day lows around 1.1815 amid stronger expectations that the Bank of England (BoE) will cut interest rates in August. The Pound could drift lower if market confidence in an August cut increases further. Markets will remain sensitive to Euro-Zone...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Forecast For Week Ahead: 1.136-1.197 Ranges This Year

23 Jun 2024 at 2 PM - Written by John Cameron

STORY LINK Pound to Euro Exchange Rate Forecast For Week Ahead: 1.136-1.197 Ranges This Year

After initial strength on French political concerns, ING is still forecasting that the Pound to Euro exchange rate (GBP/EUR) will weaken to 1.1365 on a 12-month view. MUFG, however, expects GBP/EUR gains to at least 1.1975. After gains to 22-month highs the previous week, GBP/EUR continued to correct with a retreat to around...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Forecast: 1.19 Lost?

20 Jun 2024 at 8 AM - Written by John Cameron

STORY LINK Pound to Euro Exchange Rate Forecast: 1.19 Lost?

The Pound edged higher after the latest UK inflation data. The evidence of further sticky services-sector inflation increased doubts whether the Bank of England would cut interest rates at the August meeting, although the overall shift in pricing was limited. The Pound to Euro (GBP/EUR) exchange rate strengthened to 1.1860 from 1.1830...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Corrects

17 Jun 2024 at 9 PM - Written by John Cameron

STORY LINK Pound to Euro Rate Corrects

The Pound to Euro exchange rate (GBP/EUR) surged to 22-month highs just above 1.1900 last week before a correction to 1.1835 on Monday. Political and economic risks will be important for the Pound this week with MUFG seeing scope for further Pound gains and a potential move to at least 1.1975 The Euro has continued to be hampered...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Forecast For Week Ahead: 1.1365-1.1905

16 Jun 2024 at 9 AM - Written by John Cameron

STORY LINK Pound to Euro Exchange Rate Forecast For Week Ahead: 1.1365-1.1905

Foreign exchange analysts at Bank of America forecast that the Pound to Euro exchange rate (GBP/EUR) gains will extend to 1.1905. Credit Agricole sees scope for a near-term correction before a medium-term move to 1.1905. Danske Bank expects a decline to 1.1365 on a 6-12-month view, but notes that French political uncertainty and Bank...

CATEGORIES: Currency Predictions Pound Euro Forecasts

UK GDP Data Fails to Dent Best Pound to Euro Exchange Rate in 22 Months

12 Jun 2024 at 10 PM - Written by John Cameron

STORY LINK UK GDP Data Fails to Dent Best Pound to Euro Exchange Rate in 22 Months

The Euro has stabilised in markets, although there is still an important element of political uncertainty surrounding France. Meanwhile, there was a muted reaction to the latest UK GDP data. The Pound to Euro (GBP/EUR) exchange rate has maintained a strong tone and close to 22-month highs around 1.1865. According to the ONS, UK GDP...

CATEGORIES: Pound Euro Forecasts

Far-Right Election Gains See Pound to Euro Exchange Rate at 22-Month Best

10 Jun 2024 at 1 PM - Written by John Cameron

STORY LINK Far-Right Election Gains See Pound to Euro Exchange Rate at 22-Month Best

The Pound to Euro (GBP/EUR) exchange rate pushed through key resistance at 1.1765 on Friday as the Euro dipped more than the Pound following the US jobs data. GBP/EUR gains accelerated in Asia on Monday after the latest European elections and French President Macron’s election gamble. Rabobank still considers that the Pound can...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Week Ahead Forecast: 1.1240 - 1.2050 Ranges, Which is More Likely?

9 Jun 2024 at 1 PM - Written by John Cameron

STORY LINK Pound to Euro Week Ahead Forecast: 1.1240 - 1.2050 Ranges, Which is More Likely?

Foreign exchange strategists at SocGen forecast that the Pound to Euro exchange rate (GBP/EUR) will weaken to 1.1240 by the first quarter of 2025. In contrast, Barclays expects GBP/EUR to strengthen to 1.2050 at year-end and hold this level at the end of next year. The Euro was resilient after the ECB rate cut, but again tested key...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Retreats as Traders Fail to Break Key Resistance

5 Jun 2024 at 7 AM - Written by David Woodsmith

STORY LINK Pound to Euro Exchange Rate Retreats as Traders Fail to Break Key Resistance

After sharp losses ahead of Friday’s US open, the Pound to Euro (GBP/EUR) exchange rate found support close to 1.1710 but rallies stalled in the 1.1750 area and there was a net retreat to 1.1725 on Monday. Given the overall fundamentals, ING expects further GBP/EUR selling interest on approach to 1.1765. Although the ECB has...

CATEGORIES: Pound Euro Forecasts

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