April 1, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound to Euro Week Ahead Forecast: Ranges 1.24 to 1.625 in 2024
Danske Bank forecasts that the Pound to Euro (GBP/EUR) exchange rate will weaken to 1.1240 on a 6-month view.
The consensus market view is that there will be limited net losses to 1.1625.
In contrast, Credit Agricole expects GBP/EUR will strengthen to 1.19 at the end of 2024.
GBP/EUR found support below 1.1650 during the week and posted a significant advance to just below 1.17.
Overall risk conditions will be important…
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