Barclays Forecast: Pound Sterling Fundamentals Can Drive GBP/EUR to 1.205

  • The Pound to Euro (GBP/EUR) exchange rate has posted further gains to 5-week highs above 1.1850 on Monday with risk appetite securing a further boost from a surge in risk appetite following the US-China move to lower tariffs for a 90-day period. Barclays considers that UK yields and hopes for improved UK-EU trade relations will lead to.