FX Guys

Pound Euro Exchange Rate Outlook: GBP/EUR Rangebound amid UK Budget Rumours

October 10, 2024 – Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate fluctuated on Wednesday as speculation around the UK’s Autumn Budget was met with mixed feelings.

At the time of writing, GBP/EUR wobbled around €1.1934, virtually unchanged from its opening level.

The British Pound (GBP) experienced mixed trade on Wednesday, as an absence of UK data led investors to focus on the upcoming Autumn Budget.

Market…
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