December 15, 2024 – Written by Frank Davies
STORY LINK Pound to Euro Rate Forecast for Week Ahead: Make or Break for Sterling Rates
Goldman Sachs forecasts that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.2660 at the end of 2025.
SocGen expects near-term GBP/EUR gains before a steady retreat to 1.1765 by the end of 2025.
GBP/EUR hit a 33-month high at 1.2150 during the week before a sharp retreat to 1.2025.
The ECB cut interest rates by 25 basis points, but this had…
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