The Pound to Euro rate has reversed much of its recent losses but could be likely to consolidate its recovery this week as investors digest important UK economic data and speeches from Bank of England (BoE) policymakers.

The cost of living crisis meets a cost of borrowing crisis, leaving the British Pound exposed to deeper losses against the Euro and Dollar say economists.

The Pound to Euro exchange rate has rebounded sharply from last week's lows but its prospects for a further recovery are uncertain and it may be the case that the best Sterling can hope for in the days ahead is to meander sideways in a pattern of range-bound consolidation near to technical resistance at 1.1419.

The British Pound is undergoing a major adjustment lower that will only end once it has fallen below parity, says a leading economist.

Investment bank Goldman Sachs has slashed its forecasts for the British Pound, showing further losses against the Euro are likely and a retest of the recent lows against the Dollar are likely.

The Pound to Euro rate has sustained heavy losses in recent trade but could fall further this week in search of a new equilibrium from which Sterling assets are able to offer the UK's would-be economic sponsors a sufficient risk-adjusted return, although the author suspects that it's unlikely to fall any further than 1.07.

The Pound to Euro exchange rate has notched up a seven week run of losses but could fall much further this week and potentially to all-time lows if the market takes fright at a possible Thursday monetary policy decision by the Bank of England (BoE) to lift Bank Rate significantly. 

Pound Sterling is set to complete a third successive weekly decline against the Euro.

The Pound to Euro exchange rate fell last week and could struggle to get far off the ground in the days ahead when the market will likely be most interested in UK inflation data that could further heighten the already-elevated risk of aggressive interest rate action from the Bank of England (BoE) next week. 

The Pound to Euro exchange rate fell notably last week and whether it can find its feet again depends partly on if a returning Westminster Circus will be able to entice punters back during a week in which both Sterling and the single currency will also have a quagmire of other risks to navigate too.

Capital Economics release dire predictions: this will be GBP's biggest crisis to date.

The Pound to Euro exchange rate ebbed to a new August low in Bank Holiday trade but would run the risk of deeper losses that could see it testing a cluster of major support levels around 1.1646 on the charts this week without any improvement in risk appetite and the overall mood in global markets.

Timing the Dollar's unyielding rally remains one of the key questions for financial and global markets at present: there is a sense that the rally is nearing its top, but exactly where the top is and when it will finally turn is harder to divine.

Morgan Stanley updates GBP forecasts, says GBP/EUR's peak has now passed, but GBP/USD to cross 1.20 in mid-2023.

The Pound to Euro exchange rate unravelled to one month lows in turbulent trading for Sterling last week but had recovered its footing near an important layer of support on the charts ahead of the weekend and could now attempt to establish a firmer foothoold above roughly the 1.1757 level in the days ahead.

"The FX market is getting tired of waiting for the BoE to actually deliver something more hawkish." - HSBC's Dominic Bunning.

The Pound to Euro exchange rate has hugged its short, medium and long-term averages in recent trade and although this could continue in the days ahead, there is uncertainty over how it would respond to any up or down surprises in July’s inflation numbers due from the UK on Wednesday.

GBP/EUR has been under pressure for a number of days now and analysts tell us the near-term picture should see further downside, although a more protracted decline still remains unlikely.

The Pound to Euro exchange rate was stifled last week when the Bank of England (BoE) spooked the market with steep downgrades to its economic forecasts, forcing Sterling onto the back foot and leaving it at risk of slipping into a cluster of technical support levels around 1.18 in the days ahead.

Significant hike to GBP/EUR forecasts at Goldman Sachs, as EUR set to be weighed by energy crunch.