-
Posted by
Two Blokes Jul 13 -
Filed in
Forex
-
18 views
After dipping to 10-week lows below 1.1550 in early July, the Pound to Euro (GBP/EUR) exchange rate recovered ground, but failed to break 1.1630 and traded below 1.16 after the latest UK GDP data. RBC Capital Markets sees scope for a near-term Pound gains, but expects gradual and sustained losses to 1.11 by the end of 2026.
