GBPEUR – Forecasts for the next 3 weeks

GBP EUR Exchange Rate: Weekly Review July 16  

GBPEUR levels have fallen again today and it is a trend I expect to continue until the end of the week. As a result anyone buying euros should really be looking to move sooner rather than later if you are needing euros this week.

Next week people are generally planning on trading on Tuesday before the Autumn Statement form the chancellor, this is expected to be a negative day, so people are trying to avoid it. Through December if you have the full month to trade, people are looking at week two.

These are all based on client information and intentions, situations will be different so it is always best to discuss your situation with a expert i.e. US!

If you would like more information please contact myself directly, Steve Eakins via [email protected]