June 23, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound to Euro Exchange Rate Forecast For Week Ahead: 1.136-1.197 Ranges This Year
After initial strength on French political concerns, ING is still forecasting that the Pound to Euro exchange rate (GBP/EUR) will weaken to 1.1365 on a 12-month view.
MUFG, however, expects GBP/EUR gains to at least 1.1975.
After gains to 22-month highs the previous week, GBP/EUR continued to correct with a retreat to around 1.1820.
French political concerns eased slightly…
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