FX Guys

Pound to Euro Forecast: GBP/EUR Holds 1.20

February 14, 2025 – Written by Frank Davies

UPDATE: The Pound Sterling (GBP) was trapped in a narrow range against the Euro (EUR) on Thursday following the release of the UK’s latest GDP reading.

At the time of writing, the Pound Euro (GBP/EUR) exchange ratewas trading at around €1.1991, virtually unchanged from Thursday’s opening levels.

On Thursday, the Pound (GBP) saw a slight uptick against most of its major trading partners, despite remaining relatively stable against the Euro (EUR).

This movement…
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