Pound Euro forecast page 58 - GBP EUR
A round up of the latest Pound Euro forecast news items from the Currency News desk.
| LIVE EXCHANGE RATE |
07:59:28 |
Pound Euro Rate » |
| GBP/EUR |
-0 |
Days Low |
Days High |
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| 1.13508 |
▼ |
-0.03% |
1.13432 |
1.13569 |
1.13537 |
Pound to Euro Week Ahead Forecast: 1.17 for Now, 1.1495-1.2050 Long-Term
11 Feb 2024 at 12 PM - Written by John Cameron
STORY LINK Pound to Euro Week Ahead Forecast: 1.17 for Now, 1.1495-1.2050 Long-Term
Foreign currency experts at Goldman Sachs expect that the Pound-Euro exchange rate will strengthen to 1.2050 at the end of 2024 before a limited correction to 1.1765 at the end of 2025.
In contrast, RBC Capital Markets expects that GBP/EUR will decline to 1.1495 by the end of 2024 with a slide to 1.0640 by the end of 2025.
GBP/EUR...
CATEGORIES: Pound Euro Forecasts
Pound to Euro: Sterling Consolidates Above 1.1700
9 Feb 2024 at 12 PM - Written by John Cameron
STORY LINK Pound to Euro: Sterling Consolidates Above 1.1700
Foreign exchange update: The Pound to Euro (GBP/EUR) exchange rate has been held in tight ranges during the past 24 hours with mixed influences on the pair.
GBP/EUR held above 1.1700, but unable to challenge resistance level and settled around 1.1715.
Although GBP/EUR should hold firm, resistance will be tough to break down.
The...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Week Ahead Forecast: A Push Towards 1.18?
4 Feb 2024 at 12 PM - Written by John Cameron
STORY LINK Pound to Euro Week Ahead Forecast: A Push Towards 1.18?
Foreign exchange strategists at Credit Agricole forecast that the Pound Sterling (GBP) will strengthen to 1.1900 against the Euro (EUR) by the end of 2024.
Danske Bank still forecasts that the GBP/EUR exchange rate will weaken to 1.1235 this year.
Relative economic expectations remain a key element and GBP/EUR posted 5-month highs...
CATEGORIES: Pound Euro Forecasts
Pound to Euro: Sterling Dips Below 1.1700 Ahead of Weekend
2 Feb 2024 at 6 PM - Written by James Fuller
STORY LINK Pound to Euro: Sterling Dips Below 1.1700 Ahead of Weekend
The pound-to-euro (GBP/EUR) exchange rate dipped to lows at 1.1685 ahead of Thursday’s Bank of England (BoE) policy meeting.
The BoE vote split and guidance were less dovish than expected and this triggered a rebound in the Pound as markets pared expectations of a May interest rate cut.
GBP/EUR rallied to 1.1730 and traded above...
CATEGORIES: Pound Euro Forecasts
Pound to Euro FX Outlook: The key GBPEUR level to watch is 1.1765
1 Feb 2024 at 8 AM - Written by John Cameron
STORY LINK Pound to Euro FX Outlook: The key GBPEUR level to watch is 1.1765
The Pound to Euro exchange rate dipped sharply to lows at 1.1670 on Tuesday after slightly better-than-expected Euro-Zone data, but traded back above 1.1700 on Wednesday.
The UK data releases have been generally favourable which has helped underpin the Pound while initial Euro-Zone inflation releases have been weaker than expected...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Rate Today: Eurozone Avoids Recession
31 Jan 2024 at 8 AM - Written by John Cameron
STORY LINK Pound to Euro Rate Today: Eurozone Avoids Recession
The Pound to Euro exchange rate hit 5-month highs just below 1.1750 on Monday before a retreat to 1.1710 on Tuesday.
Slightly disappointing UK credit data and better-than-expected Euro-Zone GDP data triggered a Pound correction.
According to flash data, Euro-Zone GDP was unchanged in the fourth quarter of 2024 compared with...
CATEGORIES: Pound Euro Forecasts
Pound to Euro: Best Money Transfer Rates of Five Months
30 Jan 2024 at 8 AM - Written by John Cameron
STORY LINK Pound to Euro: Best Money Transfer Rates of Five Months
Dovish ECB Expectations Continue to Sap Euro Support, GBP/EUR Exchange Rate Hits Fresh 5-Month Highs
The Pound to Euro (GBP/EUR) exchange rate found support at 1.1700 on Friday and posted a further advance on Monday with a fresh 5-month high just above the 1.1730 level.
The Euro-Zone economic data releases and Bank of England (BoE)...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Exchange Rate 2024 Forecast Ranges: 1.1480 or 1.19?
28 Jan 2024 at 3 PM - Written by John Cameron
STORY LINK Pound to Euro Exchange Rate 2024 Forecast Ranges: 1.1480 or 1.19?
Foreign exchange strategists at HSBC expect the Pound to Euro exchange rate to weaken to 1.1480.
In contrast, Nordea expects GBP/EUR to strengthen to 1.19 at the end of 2024.
GBP/EUR secured a significant net gain for the week with 5-month highs at 1.1735 before consolidation around 1.1715.
The overall data flows bolstered...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Rate Week Ahead Forecast: Focus Turns to Bank of England
27 Jan 2024 at 8 AM - Written by John Cameron
STORY LINK Pound to Euro Rate Week Ahead Forecast: Focus Turns to Bank of England
The Pound to Euro exchange rate spiked higher after Thursday’s ECB policy meeting with a 5-month high of 1.1730 and held above 1.1700 on Friday to trade around 1.1715.
Expectations of a more dovish ECB policy sapped Euro support with the focus now moving to the Bank of England.
According to ING, EUR/GBP is closing in on major...
CATEGORIES: Pound Euro Forecasts