Pound to Euro Outlook: "GBP somewhat vulnerable going into Q224" say Credit Agricole

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Pound to Euro Outlook: "GBP somewhat vulnerable going into Q224" say Credit Agricole

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March 27, 2024 – Written by John Cameron

pound-to-euro-rate-today-7

The Pound to Euro exchange rate (GBP/EUR) found support just below 1.1650 on Tuesday and traded just above this level after the US open.

There were no major data releases during the day with markets focussing to an important extent on interest rate expectations.

The calendar could also have a significant impact in the short term.

SocGen commented on positive short-term influences;…
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