Euro to Pound Rate Rallies after French Election First Round, GBP/EUR 3-Week Lows

STORY LINK Euro to Pound Rate Rallies after French Election First Round, GBP/EUR 3-Week Lows

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 materially stronger EUR/GBP within the next couple of weeks…
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