FX Guys

GBP/EUR Exchange Rate Forecast: Eurozone Interest Rate Decision to Drive Movement

December 12, 2024 – Written by James Fuller

The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Wednesday amid a lull in data releases from the UK and the Eurozone.

On Wednesday, the Euro (EUR) failed to capture much investor interest and remained stuck in a tight trading range against most of its major peers.

With no significant economic data from the Eurozone, investors were cautious…
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