Pound to Euro Weekly Forecast: Retreat to 1.19 on Aggressive BoE Cuts

Pound to Euro Weekly Forecast: Retreat to 1.19 on Aggressive BoE Cuts

March 2, 2025 – Written by David Woodsmith

gbp-to-dollar-rate-forecast-8

Currency exchange strategists at Standard Chartered have a 12-month Pound Sterling forecast of 1.2265 amid Euro vulnerability.

ING expects the GBP/EUR exchange rate will hold near current levels in the short term before a retreat to 1.19 at the end of the year as the Bank of England cuts interest rates more aggressively.

GBP/EUR strengthened during the week amid expectations that near-term…
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