December 1, 2024 – Written by Ben Hughes
STORY LINK Pound to Euro Rate Week Ahead Forecast: French Fears in Focus
Bank of America (BoA) has changed its forecasts at now expects that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.25 at the end of 2025 from 1.2150 previously.
The bank also expects further gains to 1.30 at the end of 2026.
In contrast, ING expects GBP/EUR will surrender interim gains to trade at 1.19 at the end of 2026.
GBP/EUR secured a net advance to 1.2030 during the week amid expectations…
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