November 26, 2023 – Written by David Woodsmith
Leave a comment STORY LINK Pound to Euro Long-Term Forecast: Slide to 1.0525 End-2025 say Unicredit
Foreign exchange strategists at ING Bank expect the Pound to Euro exchange rate (GBPEUR) to make a decisive break above 1.1500 in the short term.
As a reference, today’s GBP/EUR is 1.15196.
From a longer-term perspective, Unicredit expects a retreat to 1.1365 at the end of 2024 and further sharp losses to 1.0525 at the end of 2025.
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