Pound to Euro Week Ahead Forecast: For GBPEUR It’s all about Confidence

STORY LINK Pound to Euro Week Ahead Forecast: For GBPEUR It’s all about Confidence

ING still forecasts that the Pound to Euro (GBP/EUR) exchange rate will weaken to 1.1365 on a 12-month view.

In contrast, Credit Agricole expects a firm Pound tone with GBP/EUR advancing to 1.1900 at the end of 2024.

GBP/EUR lost ground in midweek after the UK inflation data before recovering ground to make a net gain to 10-day highs around 1.1730 as risk appetite improved and Pound confidence…
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