Is this the end of the decline in GBPEUR Exchange Rates? (Jonathan)

Pound to Dollar Rate Pushed Higher by Falling Covid Cases and Weak Dollar

GBPEUR has been tumbling over the course of the last 3 months leaving anyone buying Euros scratching their heads hoping for a magic return to those levels. The sell-off of July seems a distant memory and confidence in Europe has returned.

The current outlook now takes into account the fact we are widely expecting more Quantitative Easing by the Bank of England next month and it is highly likely GBPEUR rates will continue to deteriorate as a result. Anyone buying Euros would do well to take note of this at an early stage to prevent disappointment down the line.

The service we can provide to limit the potential losses anyone buying Euros may suffer is critical to manage your risk. Our service will ensure you do not suffer at the hands of falling exchange rates.

To speak with one of our team about all of your options and to be kept up to date with developments please feel free to make an enquiry on the right hand side of the page. Alternatively you can contact me Jonathan Watson on [email protected] and I will be happy to run through all of your options and make sure you are aware of what is happening.

I look forward to hearing from you,

Jonathan