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Pound Euro forecast page 8 - GBP EUR

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

LIVE EXCHANGE RATE 23:37:02 Pound Euro Rate »
GBP/EUR +0 Days Low Days High Last Daily
1.16999 +0.27% 1.16673 1.17074 1.16681

Pound to Euro Forecast: Break Above 1.15 say ING Analysts

24 Nov 2023 at 9 PM - Written by Frank Davies

The pound-to-euro exchange rate (GBP/EUR) was able to make net headway on Thursday and settled just above the 1.1500 level on Friday. The relative outlook for Euro-Zone and UK economies will remain a key element with a particular focus on Germany. The overall data flow has indicated a slightly more positive UK position which will...

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Pound to Euro: "We're Sticking to Forecasts of Weaker Pound" say MUFG

24 Nov 2023 at 8 AM - Written by David Woodsmith

GBP/EUR Exchange Rate Posts 2-Week Highs as UK Services-Sector Returns to Growth Overall business confidence data from the Euro-Zone and UK were close to expectations, but a return to expansion territory for the UK services sector and on-going concerns over Euro-Zone recession combined to underpin the Pound. The Pound to Euro...

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The Pound to Euro: Rate Tipped to 1.1500 on Tax Talk say ING

21 Nov 2023 at 1 PM - Written by Tim Boyer

Foreign exchange analysts see scope for Pound Sterling gains against the Euro in the short-term outlook. At the time of writing, the Pound to Euro exchange rate was trading at 1.1451. Monetary and fiscal policy both have scope to provide limited net British Pound support in the near term. Markets are confident that there will be...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Forecast: 1.1235 in 12 Month Outlook, say Danske

19 Nov 2023 at 1 PM - Written by John Cameron

Danske Bank forecasts the British Pound to weaken to 1.1235 against the US Dollar in a year, with JP Morgan expecting the GBP/EUR rate to remain at 1.1500 by September 2024. Market expectations of BoE rate cuts, following lower UK inflation and retail data, have led to a bearish view on the Pound. The BoE is anticipated to cut...

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The Pound to Euro: Forecast to Weaken, but Fall "Will be Slow" says Socgen

16 Nov 2023 at 9 PM - Written by David Woodsmith

UK Inflation Data Cements BoE Rate-Cut Expectations, GBP/EUR Slides to 6-Month Lows The Pound to Euro (GBP/EUR) exchange rate has slipped to fresh 6-month lows just below 1.1410 before a recovery to 1.1425. Pound Sterling lost ground following Wednesday’s inflation data and has been unable to regain territory in European trading...

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Pound to Euro Forecast: 1.15 Ceiling for Sterling say ING Strategists

15 Nov 2023 at 2 PM - Written by Ben Hughes

GBP/EUR Exchange Rate Held Below 1.1500, UK Inflation Slide Reinforces BoE Rate-Cut Expectations The Pound to Euro (GBP/EUR) exchange rate hit resistance just above 1.1500 on Tuesday and it drifted lower on Wednesday as the larger-than-expected decline in inflation reinforced expectations that the next Bank of England move would be to...

CATEGORIES: Pound Euro Forecasts

Euro to Pound Sterling Forecast: "Scope for Move Below 0.87" say Rabobank

14 Nov 2023 at 2 PM - Written by John Cameron

GBP/EUR Exchange Rate: Tentative Recovery from 6-Month Lows After UK Wages Data The Pound to Euro (GBP/EUR) exchange rate continued to recover from 6-month lows on Monday with a peak just above 1.1480. GBP/EUR also touched 1.1490 after the UK wages data, but failed to hold the gains and settled just above 1.1475. Rabobank...

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Pound to Euro Rate Week-Ahead Forecast: "Big Week for Sterling"

13 Nov 2023 at 12 PM - Written by David Woodsmith

GBP/EUR Exchange Rate: Recovers Slightly from 6-Month Lows Ahead of Major UK Data releases The pound-to-euro exchange rate (GBP/EUR) slipped to 6-month lows near 1.1420 on Friday before a tentative recovery to 1.1450 on Monday. The media will focus on politics after Prime Minister sacked Home Secretary Braverman, but economic data...

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Pound to Euro Forecast: Further Sterling Losses Ahead say SocGen Techs

11 Nov 2023 at 7 AM - Written by John Cameron

UK GDP Data Fails to Impress Pound Sterling, GBP/EUR Exchange Rate Slides to Near 6-Month Lows Although there was slight relief that the UK managed to avoid a negative GDP figure for the third quarter, the data pointed to persistent stagnation and the Pound Sterling (GBP) failed to draw any support. Overall risk appetite has also...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Rate: Forecast at 1.1765 in Three Months say Natwest

5 Nov 2023 at 10 AM - Written by John Cameron

GBP/EUR Exchange Rate: Economic Performance to Dominate Foreign exchange analysts at NatWest take a positive on the outlook for the Pound Sterling (GBP) against the Euro (EUR) and see scope for the British currency to strengthen to 1.1765 on a 3-month view. According to Danske Bank, however, the Pound-to-Euro exchange rate will...

CATEGORIES: Pound Euro Forecasts