October 13, 2024 – Written by Tim Boyer
STORY LINK Pound to Euro Week Ahead Exchange Rate Forecast: Settled around 1.1950
Goldman Sachs expects the Pound to Euro (GBP/EUR) exchange rate to strengthen to 1.22 on a 12-month view.
GBP/EUR settled around 1.1950 as tight ranges prevailed during the week with caution surrounding geo-political risks and the UK budget.
Goldman expressed some caution on a near-term Pound view; “In the nearer-term, the outlook is still clouded, with geopolitical headwinds still likely impacting price action,…
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