The Pound to Euro exchange rate reached three-month highs last week but could attempt to better those levels in the days ahead if the Bank of England (BoE) surprises with another increase in Bank Rate this Thursday. 

GBP/EUR has lacked any strong directional impulse in recent trade but could be volatile within its March range over the coming days.

The Pound to Euro exchange rate came close to 2023 highs before eventually being toppled last week but it could be likely to make a further attempt at returning to the 1.14 handle in the days ahead if the single currency is obliging and global market conditions are conducive. 

Improved sentiment saw Pound Sterling recover from its lowest levels since September and end February with a gain against the Euro, and March could see further gains according to some analysts we follow.

GBP appreciates sharply aided by strong PMI data as improved political climate also bodes well, say analysts.

Foreign exchange strategists retain a cautious stance on Pound Sterling and see the potential for further weakness against the Euro over the short- to medium-term.

GBP/EUR support near 1.1164 but little upside ahead, recoveries may fade around & above 1.13 short-term.

2023 will be tough for GBP says Bank of America, but 2024 has silver linings.

The British Pound could be in for a prolonged decline against the Euro say foreign exchange specialists at one of the world's largest foreign exchange prime dealers.

GBP/EUR in longest stretch of gains since September, but faces multiple technical resistances once past 1.13.

The "tide turns" for the Euro say analysts at Danske Bank who are looking for the currency's recent strong run to reverse.

The British Pound was the biggest loser on a day of intense central bank action and some analysts say the UK currency's direction of travel is unlikely to flip in the near term.

GBP/EUR, GBP/USD forecast update from Credit Suisse.

Buy the Pound against the Euro ahead of the February 02 Bank of England meeting says Barclays.

UK current account back to equilibrium levels, leaving GBP fairly priced vs. EUR.

Peak pessimism towards the British Pound may be close to passing says a year-ahead research publication from MUFG, the global investment bank and lender.

The Pound to Euro exchange rate has appeared to be drawing a line under its December decline and could have scope to reverse some of its recent losses this week if global markets remain on the front foot and Sterling is able to navigate risks lurking in the domestic appointment book without upset. 

HSBC predicts GBP & EUR to turn tables on GBP in 2023.

The British Pound will lose value to the Euro and Dollar over the duration of 2023 says J. Safra Sarasin, a private Swiss bank, in a year-ahead research briefing.

Pound Sterling will lose "notable" value against the Euro says a new analysis from global investment bank MUFG, although other analysts say the UK currency can advance in value during 2023.