April 2, 2025 – Written by Tim Boyer
STORY LINK Euro Resilient as Region Braces for Tectonic Shifts, GBP/EUR Held Below 1.20
The GBP to Euro exchange rate has stabilised above 1.1950 and unable to break above the 1.2000 level even with the Euro area facing major challenges over trade, inflation, defence policy and political direction.
Bank of America is still backing gains to 1.2200 by the end of June. Goldman Sachs expects a smaller advance to 1.2050.
The Euro area also faces increased political uncertainty,…
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