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Pound Euro forecast page 56 - GBP EUR

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

LIVE EXCHANGE RATE 20:15:15 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.13355 +0.09% 1.13075 1.13436 1.13253

Pound to Euro Week Ahead Forecast: 1.156-1.19 Range This Year

7 Apr 2024 at 8 AM - Written by John Cameron

Currency strategists at Nordea forecast that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.19 at the end of 2024 with a further advance to 1.22 at the end of 2025. MUFG, however, expects a Sterling-Euro retreat to 1.1560 at the end of this year. GBP/EUR overall lost ground during the week with 7-day lows near...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Close to One-Week Lows as UK/Euro-Zone Performance Gap Narrows

5 Apr 2024 at 7 AM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate dipped to 1-week lows near 1.1650 on Wednesday before a tentative recovery and was held below 1.1660 on Thursday. The latest business confidence data suggests that the gap between the UK and Euro-Zone economies has narrowed with a tentative recovery in the Euro-Zone while UK growth appears to...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Edges Above 1.1700 - GBP/EUR Forecast

2 Apr 2024 at 10 PM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate has edged back above 1.1700 on Tuesday. UK equity markets have made further gains after the re-opening of domestic markets following the Easter holidays. The PMI data also indicated that UK manufacturing is out-performing the Euro-Zone. The FTSE 100 index briefly broke above the 8,000 level...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Week Ahead Forecast: Ranges 1.24 to 1.625 in 2024

1 Apr 2024 at 9 PM - Written by John Cameron

Danske Bank forecasts that the Pound to Euro (GBP/EUR) exchange rate will weaken to 1.1240 on a 6-month view. The consensus market view is that there will be limited net losses to 1.1625. In contrast, Credit Agricole expects GBP/EUR will strengthen to 1.19 at the end of 2024. GBP/EUR found support below 1.1650 during the week and...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Forecast: Decline to 1.1365 in Three Months say Danske

28 Mar 2024 at 9 AM - Written by John Cameron

The Pound to Euro exchange rate (GBP/EUR) has remained in narrow ranges with the pair finding support just below 1.1650, but struggling to sustain any gains and settling below 1.1660. Interest rate expectations will continue to be an important driver for exchange rates in general and GBP/EUR in particular. Danske Bank still...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Outlook: "GBP somewhat vulnerable going into Q224" say Credit Agricole

27 Mar 2024 at 8 AM - Written by John Cameron

The Pound to Euro exchange rate (GBP/EUR) found support just below 1.1650 on Tuesday and traded just above this level after the US open. There were no major data releases during the day with markets focussing to an important extent on interest rate expectations. The calendar could also have a significant impact in the short...

CATEGORIES: Pound Euro Forecasts

GBP/EUR: MUFG Lowers Pound to Euro Forecast Gains to 1.2085

26 Mar 2024 at 9 AM - Written by John Cameron

The Pound to Euro exchange rate (GBP/EUR) dipped to 2-month lows at 1.1625 on Friday before a limited recovery to 1.1655 on Monday. The shift in interest rate expectations has been a key element for exchange rates with last week’s Bank of England policy decision considered generally dovish with markets considering a stronger...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Week Ahead Forecast: Latest GBP/EUR Projections 2024

24 Mar 2024 at 10 AM - Written by David Woodsmith

Currency exchange forecasters at Danske Bank expect the Pound to Euro exchange rate (GBP/EUR) will weaken to 1.1365 over the next few months. BNPP, however, expects that GBP/EUR will strengthen to 1.2050 at the end of 2024. GBP/EUR dipped sharply to 2-month lows at 1.1625 before a tentative recovery to 1.1650. The Bank of England...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Exchange Rate Forecast: GBP/EUR Slides as BoE Speculation Builds

23 Mar 2024 at 9 AM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate retreated after Thursday’s Bank of England (BoE) policy decision and selling has continued to Friday with markets more confident that the central bank would cut interest rates at the June policy meeting. GBP/EUR retreated to 2-month lows at 1.1640 after Friday’s European...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Slips to 1.166 as BoE Edges Closer to Rate Cut

21 Mar 2024 at 4 PM - Written by John Cameron

A slightly more dovish Bank of England policy stance undermined the Pound on Thursday while there were mixed Euro developments. The Pound to Euro (GBP/EUR) exchange rate initially strengthened to 1.1720 before a slide to 20-day lows just below 1.1670. The Euro drew technical support from a jump in the EUR/CHF rate following a...

CATEGORIES: Pound Euro Forecasts