FX Guys

Best Pound to Euro Exchange Rate for Sterling Sellers in 33 Months

December 12, 2024 – Written by David Woodsmith

The Pound to Euro rate (GBP/EUR) strengthened further on Wednesday with gains to a 33-month high of 1.2135.

The March 2022 high was close to 1.2185 and any break above this level would lead to the highest levels since 2016 and potentially trigger further buying.

Jane Foley, senior forex strategist at Rabobank commented; “This raises the question as to whether sterling can achieve pre-Brexit
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