February 23, 2025 – Written by Frank Davies
STORY LINK Pound to Euro Forecast: Strengthen to 1.2350 in Next Six Months
Foreign exchange analysts at Danske Bank expect the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.2350 on a 6-month view as the Euro area remains under pressure.
ING, however, expects a retreat to 1.19 by the end of the third quarter as the Bank of England cuts more aggressively.
GBP/EUR secured a net gain to 1.2080 during the week and close to 2025 highs.
In the weekend German elections,…
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