Pound to Euro Outlook: GBPEUR Flat following ECB Interest Rate Cut

Pound to Euro Outlook: GBPEUR Flat following ECB Interest Rate Cut

January 31, 2025 – Written by Frank Davies

gbp-to-euro-rate-forecast-1

Pound Sterling (GBP) was trapped in a narrow range against the Euro (EUR) on Thursday following the publication of the European Central Banks (ECB) latest interest rate decision.

At the time of writing, the Pound to Euro (GBP/EUR) exchange rate was trading at around €1.1951, virtually unchanged from Thursday’s opening levels.

On Thursday, the Euro (EUR) maintained its position against most of its…
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