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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.

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Pound to Euro (2025) Exchange Rate Forecast: 1.19 Amid Stronger UK Fundamentals

7 Jul 2024 at 4 PM - Written by John Cameron

Foreign exchange analysts at MUFG expect the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.19 at the end of 2024 amid stronger UK fundamentals. In contrast, ING expects a retreat to 1.1630 due to Bank of England (BoE) rate cuts. GBP/EUR: Fiscal and monetary policy crucial after Labour landslide With just a couple of...

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UK Election 2024: Pound to Euro Exchange Rate Braced for Jump in Volatility

3 Jul 2024 at 2 PM - Written by John Cameron

The Pound to Euro exchange rate (GBP/EUR) edged above 1.1800 on Tuesday before settling just below this level on Wednesday. Socgen expects that GBP/EUR can make further headway if there is a renewed break above 1.1860. The UK General Election is on Thursday with the French second-round parliamentary vote on Sunday. As far as...

CATEGORIES: Pound Euro Forecasts

GBP/EUR 3-Week Exchange Rate Lows After French Election First Round

1 Jul 2024 at 10 AM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate retreated to 3-Week lows around 1.1775 after the French election results. There was some relief on expectations that the National Rally (RN) would fall short of a majority in next week’s second round, although still with a high degree of uncertainty. ING commented; “the case for a...

CATEGORIES: Euro Pound Forecasts Pound Euro Forecasts

French Vote: Best and Worst Outcome for Pound to Euro Exchange Rate Buyers

30 Jun 2024 at 2 PM - Written by John Cameron

Credit Agricole expects the Pound to Euro (GBP/EUR) exchange rate to strengthen to 1.19 at the end of 2024. It does, however, see scope for gains to near 1.22 if there is a left-wing majority victory in the French parliamentary elections. Danske Bank still expects a GBP/EUR retreat to 1.15 on a 12-month view. GBP/EUR was held in...

CATEGORIES: Pound Euro Forecasts

Politics Dominate the Pound and Euro Exchange Rates

26 Jun 2024 at 5 PM - Written by John Cameron

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

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

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

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

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

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...

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