Pound To Euro Forecast For Week Ahead: GBP/EUR Steady As Le Pen Comes Third

Exchange RatesCurrency NewsBy Adam SolomonPublished: Jul 07, 2024 at 22:30Updated: Jul 07, 2024 at 22:30GBP to EUR Week Ahead Forecasts BREAKING: The Pound Euro (GBP/EUR) exchange rate is seen trading at 1.1836 (+0.12%) after French Election exit polls showed Le Pen's National Rally came third.According to the exit polls the left-wing New Popular Front coalition won the second voting round of parliamentary elections.The Pound Euro (GBP/EUR) exchange rate traded in a wide range last week as the UK held its general election.At the time of writing, the GBP/EUR exchange rate traded at around €1.1808, virtually unchanged from the start of Friday’s opening levels. The Pound (GBP) began the week wavering against its peers following an underwhelming manufacturing PMI index, however, losses were limited as the index remained in expansion territory (a score over 50). On Tuesday, Sterling was underpinned by an upbeat market mood thanks to its nature as an increasingly risk-sensitive currency, as...