Pound to Euro Forecast for Week Ahead: 1.20 Buying Back in Near-Term?

STORY LINK Pound to Euro Forecast for Week Ahead: 1.20 Buying Back in Near-Term?

Danske Bank expects that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.2050 in the near term before a retreat to 1.1765 on a 12-month view.

ING also sees a near-term peak at 1.2050 while Nordea forecasts losses to 1.1365 at the end of 2025.

GBP/EUR hit 2-year highs at 1.2030 before settling just below 1.20.

UK data maintained expectations of solid growth while the latest Euro-Zone data…
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