January 26, 2025 – Written by David Woodsmith
STORY LINK Pound to Euro Week Ahead Forecast: GBP/EUR Turns Corner
The Pound Sterling (GBP) overall secured a tentative recovery against the Euro (EUR) during the week amid relief that the bond market stabilised.
From 4-week lows near 1.1800, the Pound to Euro exchange rate (GBP/EUR) advanced to around 1.1860.
Bank of America (BoA) is still forecasting that GBP/EUR will strengthen to 1.25 at the end of 2025.
BNPP has greater reservations over the Pound but forecasts GBP/EUR at 1.2050…
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