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Euro Pound forecast - EUR GBP

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

LIVE EXCHANGE RATE 10:59:52 Euro Pound Rate »
EUR/GBP +0 Days Low Days High Last Daily
0.83073 ▲ +0.17% 0.8288 0.83131 0.82936

UK 2024 Autumn Budget and Strong Eurozone GDP Spark Pound to Euro Exchange Rate Losses

31 Oct 2024 at 7 AM - Written by James Fuller

STORY LINK UK 2024 Autumn Budget and Strong Eurozone GDP Spark Pound to Euro Exchange Rate Losses

The Pound Euro (GBP/EUR) exchange rate dropped on Wednesday, with strong Eurozone data and the UK budget impacting the pairing. At the time of writing, GBP/EUR traded at €1.1978, down 0.4% on the day. The British Pound (GBP) dropped on Wednesday following Chancellor Rachel Reeves's presentation of the highly anticipated Autumn...

CATEGORIES: Pound Euro Forecasts Pound Sterling Forecasts

EUR/GBP Forecast: Euro Woes Continue to Support the Pound

24 Oct 2024 at 8 AM - Written by Frank Davies

STORY LINK EUR/GBP Forecast: Euro Woes Continue to Support the Pound

The Pound to Euro (GBP/EUR) exchange rate found support below 1.2000 on Tuesday and strengthened to 1.2030 on Wednesday, close to 30-month highs. The Pound has been relatively quiet in global markets while the Euro has remained under pressure amid expectations of faster interest rate cuts. According to Danske Bank; “GBP continues...

CATEGORIES: Euro Pound Forecasts

Euro to Pound Rate Drops Below 0.83 as ECB Cut Rates Again

20 Oct 2024 at 8 PM - Written by Tim Boyer

STORY LINK Euro to Pound Rate Drops Below 0.83 as ECB Cut Rates Again

The ECB cut rates for a third time. It seems there is a shift of focus from battling inflation to supporting the economy and this would lead to more cuts. EURGBP made fresh 2024 lows and is approaching the 2022 low of 0.82. Thursday ECB unfolded as expected as the central bank cut rates for a third time. The move was already...

CATEGORIES: Euro Pound Forecasts

Pound Euro Exchange Rate Rises amid BoE-ECB Policy Divergence

27 Sep 2024 at 8 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Rises amid BoE-ECB Policy Divergence

The Pound Euro (GBP/EUR) exchange rate saw a slight rise early in Thursday's session, bolstered by the expected policy divergence between the Bank of England (BoE) and the European Central Bank (ECB), along with a risk-on market mood. At the time of writing, GBP/EUR was trading at €1.1985, marking a 0.2% increase for the day. The...

CATEGORIES: Euro Forecasts Pound Sterling Forecasts

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

1 Jul 2024 at 10 AM - Written by John Cameron

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

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

Euro to Pound Forecast: EUR/GBP at 0.8540 "Likely to Drift Higher" say SocGen

19 Apr 2024 at 3 PM - Written by John Cameron

STORY LINK Euro to Pound Forecast: EUR/GBP at 0.8540 "Likely to Drift Higher" say SocGen

Pound Sterling Sinks after Dovish Bank of England Bailey Comments, GBP/EUR Exchange Rate Retreats to Below 1.1700 Overall interest rate expectations continue to drive major currencies. The bias on Thursday has been greater confidence in early Bank of England rate cuts, allied with some doubts whether the ECB will be as aggressive. In...

CATEGORIES: Euro Pound Forecasts

Pound Sterling Retreats Against Euro and Dollar as Long Positions Trimmed

19 Mar 2024 at 9 AM - Written by John Cameron

STORY LINK Pound Sterling Retreats Against Euro and Dollar as Long Positions Trimmed

The Pound to Euro exchange rate (GBP/EUR) was unable to make headway on Friday and retreated below the 1.1700 level on Monday to trade around 1.1685. MUFG is still backing a medium-term GBP/EUR move to 1.2085. The Pound has been hampered by speculation that the Bank of England (BoE) will adopt a less hawkish stance at this week’s...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Euro to Pound Rate "Finds itself in a State of Flux": Danske

2 Mar 2024 at 6 AM - Written by Tim Boyer

STORY LINK Euro to Pound Rate "Finds itself in a State of Flux": Danske

The latest UK data indicates that hopes for lower interest rates have underpinned a rebound in the housing sector and boosted business confidence. The Euro has held firm, however, and the Pound to Euro (GBP/EUR) exchange rate has edged lower to 1.1675. Solid data and expectations of tax cuts next week should still underpin GBP/EUR...

CATEGORIES: Euro Pound Forecasts

Euro to Pound Outlook: The Down Trend has "Tentatively Stalled" says SocGen

7 Feb 2024 at 4 PM - Written by John Cameron

STORY LINK Euro to Pound Outlook: The Down Trend has "Tentatively Stalled" says SocGen

GBP/EUR Exchange Rate Rebounds from 2-Week Lows on Positive UK News Flow The Pound to Euro (GBP/EUR) exchange rate dipped to 2-week lows just below 1.1670 on Tuesday before a solid recovery to just above the 1.1700 level. The overall UK data flows has remained broadly positive which has helped underpin the Pound. Sentiment in...

CATEGORIES: Euro Pound Forecasts

Pound Sterling and Euro Both Struggle - Foreign Exchange News

5 Feb 2024 at 7 PM - Written by John Cameron

STORY LINK Pound Sterling and Euro Both Struggle - Foreign Exchange News

Foreign exchange update: The Pound to Euro exchange rate (GBPEUR) found support below the 1.1700 level in Asia on Monday and strengthened to near 1.1720 after the European open. Markets overall are more confident over the UK economic outlook and Euro-Zone investor confidence improved in February, but the Pound and Euro have both lost...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

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