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Pound-to-Euro Forecast: Weak UK Economy Strengthens Case for BoE Rate Cut

The Pound to Euro exchange rate (GBP/EUR) is likely to stay under pressure in the coming months, according to major banks, with MUFG and Deutsche Bank both warning that a dovish Bank of England stance could push GBP/EUR lower toward 1.11 by late 2026.
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currencynews.co.uk broke the news in on Thursday, October 16, 2025.
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