August 11, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound to Euro Week Ahead Forecast: GBP/EUR Risk Conditions Dominate
RBC Capital Markets (RBC) is wary over buying the Pound to Euro (GBP/EUR) exchange rate in the short term due to risk stresses and, although medium-term forecasts have been revised higher, the bank still expects a decline to 1.1240 at the end of 2025.
Standard Chartered is notably more positive on the Pound and recommends buying GBP/EUR with a 3-month forecast of 1.1820.
Risk conditions have dominated the Pound performance…
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