EUR/GBP to move back towards 0.84over coming months – Danske Bank

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EUR/GBP to move back towards 0.84over coming months – Danske Bank
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EUR/GBP to move back towards 0.84over coming months – Danske Bank EURGBP Banks

“We still widely consider EUR/GBP a range play for the coming months, with GBP currently trading in the weaker part of the range at just below 0.87. Further out, we expect GBP to appreciate vs EUR in a USD-positive environment, which is why we expect the cross to move back towards 0.84 in 12M.”

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