Pound to Euro Exchange Rate Forecast: GBP Price Muted following German Data

  • As we look ahead to Wednesday's European session, movement in the Pound Euro (GBP/EUR) exchange rate is likely to continue to be driven by market appetite for risk, amid a lack of any economic releases from the Eurozone on the UK. Should markets remain buoyant, this is likely to see the GBP/EUR exchange rate continue to hold steady as.