Pound to Euro Forecast 2024-2025: Consensus at 1.1520

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Pound to Euro Forecast 2024-2025: Consensus at 1.1520

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January 8, 2024 – Written by John Cameron

pound-to-euro-rate-today-5

Rabobank forecasts that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.1905 at the end of 2024.

In contrast, ING expects that GBP/EUR will slide to 1.1110 on a 12-month view.

The consensus forecast in the latest Reuters poll was for GBP/EUR to trade slightly weaker at 1.1520 by the end of 2024.

According to Rabobank, the consensus is more bearish on the Pound with GBP/EUR forecast to decline to 1.1365.

GBP/EUR posted significant gains…
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