February 4, 2024 – Written by John Cameron
STORY LINK Pound to Euro Week Ahead Forecast: A Push Towards 1.18?
Foreign exchange strategists at Credit Agricole forecast that the Pound Sterling (GBP) will strengthen to 1.1900 against the Euro (EUR) by the end of 2024.
Danske Bank still forecasts that the GBP/EUR exchange rate will weaken to 1.1235 this year.
Relative economic expectations remain a key element and GBP/EUR posted 5-month highs at 1.1745 before settling around 1.1720 on Friday….
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