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