January 8, 2024 – Written by John Cameron
STORY LINK Pound to Euro Forecast 2024-2025: Consensus at 1.1520
Rabobank forecasts that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.1905 at the end of 2024.
In contrast, ING expects that GBP/EUR will slide to 1.1110 on a 12-month view.
The consensus forecast in the latest Reuters poll was for GBP/EUR to trade slightly weaker at 1.1520 by the end of 2024.
According to Rabobank, the consensus is more bearish on the Pound with GBP/EUR forecast to decline to 1.1365.
GBP/EUR posted significant gains…
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