Pound to Euro: 1.2 in Sight?

Pound to Euro: 1.2 in Sight?

January 29, 2025 – Written by Frank Davies

gbp-to-euro-rate-forecast-2

The Pound to Euro exchange rate (GBP/EUR) was muted on Tuesday as both UK and Eurozone data releases were in short supply.

At the time of writing, the GBP/EUR was trading at around €1.1925, virtually unchanged from Tuesday’s opening levels.

On Tuesday, the Euro (EUR) remained relatively quiet against most of its counterparts, largely due to a lack of data releases from the Eurozone.

However, investors may have also been cautious about making significant moves on the Euro, anticipating several high…
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