Pound to Euro Exchange Rate Forecast: "Strengthen to 1.2350" on 12-month Timeframe

Pound to Euro Exchange Rate Forecast: "Strengthen to 1.2350" on 12-month Timeframe

March 23, 2025 – Written by David Woodsmith

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Foreign exchange analysts at Danske Bank forecast that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.2350 on a 12-month view.

ING, however, expects a limited GBP/EUR retreat to 1.19 by the first quarter of 2026 amid budget tightening and more-than-expected Bank of England (BoE) rate cuts.

GBP/EUR secured a limited net gain to…
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