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Posted by
Two Blokes May 8 -
Filed in
Forex
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3 views
After sliding to 14-month lows just below 1.1450 in April when risk appetite deteriorated sharply, the Pound to Euro (GBP/EUR) exchange rate has recovered steadily to around 1.1760. Natixis forecasts that UK economic difficulties will hamper the Pound with GBP/EUR retreating to 1.14 at the end of 2025 before settling around 1.15 next year.