EUR/GBP to edge towards 0.90 around the middle of the year – Rabobank
|Economists at Rabobank continue to look for the EUR/GBP pair to edge towards 0.90 around the middle of the year.
There may be some near-term downside potential for EUR/GBP
“If Lagarde’s guidance this week disappoints the hawks, there may be some near-term downside potential for EUR/GBP.”
“We would view any move lower as an opportunity to sell GBP and maintain our forecast of a move to EUR/GBP 0.90 on a six-month view.”
See: EUR/GBP may hold below 0.8800 until “super Thursday” – ING
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