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Pound Euro forecast page 54 - GBP EUR

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

LIVE EXCHANGE RATE 21:55:11 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.14143 +0% 1.13987 1.14321 1.14143

Pound to Euro News, Forecast: Crucial GBP/EUR Support 1.1765

1 Aug 2024 at 7 AM - Written by John Cameron

STORY LINK Pound to Euro News, Forecast: Crucial GBP/EUR Support 1.1765

The British Pound edged lower on Wednesday ahead of the latest Bank of England (BoE) policy decision with the latest inflation data also underpinning the Euro. The Pound to Euro (GBP/EUR) exchange rate retreated to just below 1.1840, but holding above 2-week lows around 1.1820. A majority of investment banks expect the BoE to cut...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Forecast: 1.2050 on a 6-Month View

28 Jul 2024 at 10 AM - Written by John Cameron

STORY LINK Pound to Euro Exchange Rate Forecast: 1.2050 on a 6-Month View

Rabobank expects that the Pound to Euro (GBP/EUR) exchange rate will make net gains to 1.2050 on a 6-month view. According to the bank; “We have been calling for the pound to continue its slow grinding recovery for some time.” ING expects near-term Pound losses; “we expect a broad-based GBP weakening next week when the Bank of...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate: Sterling Unable to Hold Above 1.19

26 Jul 2024 at 8 AM - Written by John Cameron

STORY LINK Pound to Euro Exchange Rate: Sterling Unable to Hold Above 1.19

The Pound to Euro (GBP/EUR) exchange rate has been unable to hold above 1.1900 and settled around 1.1885. Although data releases have triggered further concerns surrounding the Euro-Zone economy, there are wider currents in global markets with a risk-off trend and sharp dip in equities and risk aversion which has undermined the Pound...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Forecast Ranges: 1.15 to 1.22

21 Jul 2024 at 7 PM - Written by John Cameron

STORY LINK Pound to Euro Exchange Rate Forecast Ranges: 1.15 to 1.22

Citigroup forecasts that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.22 at the end of 2024. In contrast, after a strong start, ING still forecasts losses to 1.15. GBP/EUR hit a 23-month high just below 1.1930 during the week before a retreat to 1.1870 amid overbought conditions. As far as data is concerned,...

CATEGORIES: Pound Euro Forecasts

GBP/EUR Exchange Rate Retreats from 11-Month Best

21 Jul 2024 at 6 PM - Written by Tim Boyer

STORY LINK GBP/EUR Exchange Rate Retreats from 11-Month Best

The Pound to Euro (GBP/EUR) exchange rate posted a fresh 11-month high just below 1.1930 on Wednesday, but was unable to hold the gains and retreated to just below 1.1900 after the latest UK data as markets continue to debate the outlook for UK interest rates. The headline labour-market data was in line with expectations as the...

CATEGORIES: Pound Euro Forecasts

The Pound to Euro Rate Consolidates Below 11-Month Best

16 Jul 2024 at 12 PM - Written by John Cameron

STORY LINK The Pound to Euro Rate Consolidates Below 11-Month Best

The Pound to Euro (GBP/EUR) exchange rate hit 11-month highs at 1.1920 on Monday before consolidating around 1.1895 on Tuesday. COT data released by the CFTC reported a fresh surge in long, non-commercial Sterling positions to just under 85,000 in the latest week from 62,000 the previous week and the largest long position on...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Forecast: 1.2050 by End of 2024

14 Jul 2024 at 7 PM - Written by John Cameron

STORY LINK Pound to Euro Exchange Rate Forecast: 1.2050 by End of 2024

Foreign exchange analysts at BNP Paribas expect that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.2050 at the end of 2024. In contrast, after initial stability, ING expects a slide to 1.1365 on a 12-month view. During the week GBP/EUR strengthened to 23-month highs around 1.1915 amid fresh doubts over an August...

CATEGORIES: Pound Euro Forecasts

Pound to Euro: Hawkish BoE Rhetoric Boosts Sterling Exchange Rates

10 Jul 2024 at 5 PM - Written by John Cameron

STORY LINK Pound to Euro: Hawkish BoE Rhetoric Boosts Sterling Exchange Rates

French politics and Bank of England (BoE) interest rate expectations have been key drivers for the Pound against the Euro during Wednesday. Hawkish rhetoric from BoE Chief economist was the key element boosting the Pound and GBP/EUR hit 3-week highs around 1.1860 even though the Euro held its own in global markets. According to...

CATEGORIES: Pound Euro Forecasts

French Election Shock: Pound to Euro Rate Hits 10-Day Best as One Fear Replaced by Another

8 Jul 2024 at 9 AM - Written by John Cameron

STORY LINK French Election Shock: Pound to Euro Rate Hits 10-Day Best as One Fear Replaced by Another

The Pound to Euro (GBP/EUR) exchange rate hit 10-day highs at 1.1850 in an immediate response to the French election before settling around 1.1825. Ahead of the second round of the French Parliamentary elections, markets expected the National Rally (RN) would win most seats with the other parties scrambling to prevent an overall...

CATEGORIES: Pound Euro Forecasts

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

7 Jul 2024 at 4 PM - Written by John Cameron

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

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...

CATEGORIES: Pound Euro Forecasts

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