FX Guys

Euro to Pound Exchange Rate Forecast: EUR/GBP Firm Ahead of Latest UK Inflation Test

September 18, 2024 – Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate secured a net gain to 1.1870 on Tuesday and close to 10-day highs.

Weak German data hampered the Euro while expectations of no change in Bank of England interest rates this week supported the Pound.

Equities have also made headway over the past 24 hours with markets optimistic over the potential for a 50 basis-point interest…
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