September 15, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound to Euro Week Ahead Forecast: GBP/EUR’s Future Uncertain Among Analysts
RBC Capital Markets (RBC) forecasts that the Pound to Euro (GBP/EUR) exchange rate will weaken gradually to 1.1240 on a 12-month view.
In contrast, Barclays expects GBP/EUR to strengthen to 1.25.
GBP/EUR was held in relatively tight ranges during the week and settled just above 1.1850.
Barclays is positive on the UK outlook; “Demand resilience has been in evidence across recent data…
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