- Analytics
- News and Tools
- Market News
- EUR/GBP to edge slowly higher towards the 0.90 area on a 12-month view – Rabobank
EUR/GBP to edge slowly higher towards the 0.90 area on a 12-month view – Rabobank
Economists at Rabobank discuss GBP outlook.
GBP will stop reacting positively to rate rises over the medium-term
While economic data releases have the potential to spark volatility in GBP crosses, we expect EUR/GBP to remain mostly within a 0.85 to 0.86 range on a one-to-three month view, edging slowly higher towards the 0.90 area on a 12-month view.
As the BoE raises rates further, economic risks also rise. This suggests an increased risk that GBP will stop reacting positively to rate rises over the medium-term.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
