Euro to pound sterling: Pound to euro forecast – possible ‘flextension’

Brexit remains the main talking point for the GBP to EUR pair after what has been nearly three years following the referendum in June 2016. Where rates move from here will largely depend on whether an agreement between Theresa may and Jeremy Corbyn can be found following the decision to have cross party talks. A compromise would generally be seen as positive for the pound as the prospect of no deal would be removed in this scenario. However at the moment the threat of a no deal is still very much alive with some EU commentators suggesting it is a likely outcome. With the 12th April approaching, something is likely to give as we approach this next Brexit milestone.

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