Pound to Euro Rate Week Ahead Forecast: Push to €1.21

Pound to Euro Rate Week Ahead Forecast: Push to €1.21

December 8, 2024 – Written by Frank Davies

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Wells Fargo forecasts that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.2540 at the end of 2025.

In contrast, after initial strength, MUFG expects GBP/EUR will be held to 1.2050 at the end of next year.

During the week, GBP/EUR strengthened to near 1.2100 before settling with a small net gain to around 1.2065.

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