Pound to Euro Outlook: GBP/EUR Jumps as Trump Threatens EU Tariffs

Pound to Euro Outlook: GBP/EUR Jumps as Trump Threatens EU Tariffs

February 4, 2025 – Written by David Woodsmith

gbp-to-euro-rate-forecast-4

The Pound to Euro exchange rate (GBP/EUR) surged on Monday as market concerns intensified over Donald Trump’s latest trade tariff threats against the EU.

At the time of writing, GBP/EUR was trading around €1.2010, up approximately 0.4% from Monday’s opening levels.

The Euro (EUR) came under pressure on Monday after US President Donald Trump expanded his trade war rhetoric to…
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