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Pound-to-Euro Forecast For New Week/Year: Where Next For GBP/EUR Exchange Rate Buyers?

From exchangerates.org.uk

The Pound Euro (GBP/EUR) exchange rate fell through last week’s session despite intermittent resilience in Pound (GBP) exchange rates. A lack of domestic data left the British currency exposed to losses while the Euro (EUR) enjoyed tailwinds amid bullish speculation regarding the European Central Bank (ECB)’s monetary policy stance. At the time of writing, GBP/EUR is trading at €1.1499, having fallen by approximately 0.4% over the week. Pound (GBP) Exchange Rates Dented as House Prices Fall The Pound traded in a mixed range against the Euro through the majority of last week’s trading session, as traders celebrated ... (full story)

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  • Category: Fundamental Analysis