FX Guys

Pound to Euro Week Ahead Forecast: Downside Risks to Medium-Term Outlook

November 17, 2024 – Written by Frank Davies

The near-term Pound Sterling outlook against the Euro continues to be vulnerable to Trump-based volatility.

The global backdrop is likely to have a major influence on the Pound to Euro exchange rate (GBP/EUR) in the coming days and weeks.

RBC Capital Markets have made sharp revisions to its forecasts in the latest update as it expects the Euro to come under sustained pressure following…
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