FX Guys

Pound to Euro: Danske Bank Forecasts Sterling at 1.1235 in 12 Months

December 24, 2023 – Written by John Cameron

Foreign exchange analysts at Danske Bank expect that the Pound to Euro exchange rate will weaken to 1.1235 on a 12-month view.

HSBC expects the Pound will be able to hold its ground and forecasts an end-2024 rate of 1.1630.

Exchange Rates UK Research brings you the latest institutional forecasts (Danske Bank, HSBC, MUFG, Nordea, Soc Gen) and the GBP/EUR news for the week.

GBP/EUR retreated sharply to December…
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