March 10, 2025 – Written by Frank Davies
STORY LINK Pound to Euro ING Prediction: GBP/EUR Recoveries will be Capped Around 1.1975
The latest data on Euro-Zone investor confidence indicated a strong rebound which has underpinned the Euro. Fragile risk appetite has also tended to sap support for the Pound.
The Pound to Euro exchange rate (GBP/EUR) is trading just below 1.1900 and close to 5-week lows.
ING expects GBP/EUR recoveries will be capped around 1.1975.
The Sentix Euro-Zone investor…
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