Pound Euro Forecast (Tom Holian)

GBP EUR Looks to Employment Figures for Support

Sterling Euro exchange rates have hit 1.21+ today following some strong news by the NIESR with a rise in UK GDP. UK Manufacturing data was extremely positive which led to the Pound gaining against the single currency.

Also comments from the International Monetary Fund were that the UK has been touted as the leading G7 country for growth which has seen the Pound gain across the board against all major currencies.

When sending money to Europe it is important to make sure you use an experienced currency broker who can help you save money on exchange rates as well as choosing the right time to trade.

If you would like further information about up to date exchange rates and to save money on currency transfers then contact me directly Tom Holian [email protected]