14-1 EURGBP:
In the short term we expect the EUR/GBP course to remain around £ 0.8398. This means that the euro remains relatively stable compared to the pound.
- ** most important influences **:
- ** interest differences **: If the European Central Bank (ECB) increases its interest rates, this can strengthen the euro. At the same time, the interest rate policy of the Bank of England (BOE) remains a crucial factor.
- ** Inflation **: The recent developments in inflation figures in both the UK and the EU affect purchasing power and therefore on the exchange rate.
- ** Economic growth **: If the UK shows economic growth that is stronger than in the EU, this can support the pound.
In the long term (2025 and further) we provide a further weakening of the pound, with a EUR/GBP course that can rise to £ 0.848 in January 2025.
- ** most important influences **:
- ** Trade and Brexit effects **: The long-term consequences of the Brexit continue to play a role in the UK. Uncertainty in trade agreements can have a pressing effect on the pound.
- ** Political stability **: Possible political instability, such as elections or policy changes in the UK, can increase volatility.
- ** Sustainable growth and investments **: If the EU becomes more economically attractive for investors than the UK, the euro will perform stronger. Risks for GBP:
- Any recession or slower economic growth in the UK can further weaken the pound.
- Persistent inflation above the intended purpose of the Boe could put pressure on the British economy. We have inlaid a small buy with a buy series attached to it. The buy starts at 0.842.
- ** most important influences **:
- ** interest differences **: If the European Central Bank (ECB) increases its interest rates, this can strengthen the euro. At the same time, the interest rate policy of the Bank of England (BOE) remains a crucial factor.
- ** Inflation **: The recent developments in inflation figures in both the UK and the EU affect purchasing power and therefore on the exchange rate.
- ** Economic growth **: If the UK shows economic growth that is stronger than in the EU, this can support the pound.
In the long term (2025 and further) we provide a further weakening of the pound, with a EUR/GBP course that can rise to £ 0.848 in January 2025.
- ** most important influences **:
- ** Trade and Brexit effects **: The long-term consequences of the Brexit continue to play a role in the UK. Uncertainty in trade agreements can have a pressing effect on the pound.
- ** Political stability **: Possible political instability, such as elections or policy changes in the UK, can increase volatility.
- ** Sustainable growth and investments **: If the EU becomes more economically attractive for investors than the UK, the euro will perform stronger. Risks for GBP:
- Any recession or slower economic growth in the UK can further weaken the pound.
- Persistent inflation above the intended purpose of the Boe could put pressure on the British economy. We have inlaid a small buy with a buy series attached to it. The buy starts at 0.842.
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