Goldman Sachs Forecast: GBP/EUR Weakness Postponed, but not Cancelled, End-2026 Target 1.09

  • The Pound to Euro (GBP/EUR) exchange rate has again tested the 1.1500 level this week before a tentative recovery to near 1.1540. Goldman sees scope for a rebound to 1.1765 in the short term with Pound depreciation delayed, but it still sees a slide to 1.09 by the end of 2026.