August 26, 2024 – Written by David Woodsmith
Leave a comment STORY LINK Pound to Euro Week Ahead Forecast: 1.1630-1.2050 Range in Next Three Months
Danske Bank expects that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.2050 on a 3-month view before fading.
In contrast, ING expects that GBP/EUR will retreat to 1.1630 on a near-term view.
The Pound and Euro both made gains during the week as the dollar posted notable losses, but the Pound was the clear winner.
GBP/EUR advanced to 3-week highs near 1.1830 and settled just…
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