July 28, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound to Euro Exchange Rate Forecast: 1.2050 on a 6-Month View
Rabobank expects that the Pound to Euro (GBP/EUR) exchange rate will make net gains to 1.2050 on a 6-month view.
According to the bank; “We have been calling for the pound to continue its slow grinding recovery for some time.”
ING expects near-term Pound losses; “we expect a broad-based GBP weakening next week when the Bank of England will – in our view – cut rates.”
During the week, GBP/EUR lost ground with a retreat…
Read More
