November 28, 2023 – Written by Tim Boyer
Leave a comment STORY LINK Euro to Pound Forecast: “EURGBP consolidate around 0.87” say Barclays
The Pound Euro exchange rate (GBP/EUR) hit 3-week highs at 1.1550 on Monday before settling around 1.1535 with little change on Tuesday.
UK equities retreated on Monday and registered further losses on Tuesday with weaker risk conditions tending to limit the scope for further Pound buying.
Andrew Jones, portfolio manager at Janus Henderson Investors commented; “It’s worth reminding ourselves that for the last…
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