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EUR to GBP Forecasts – euro to British pound

Latest EUR to GBP forecasts including bank predictions, key market drivers and recent trends for EUR/GBP. See where analysts expect the pair to move and the factors likely to influence it.

 

EUR to GBP Forecast & Outlook

07 Jul 2026 • 00:26 GMT

EUR/GBP 0.8542

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 0.8390 – 0.8540
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: 🟢 Uptrend

Currently, EUR/GBP is trading near 90-day lows around 0.8542, below its 3-month average of 0.8652. Risk sentiment remains tilted toward safe havens, pressuring risk-sensitive currencies like the euro. Over the next few sessions, the pair is likely to stay under downside pressure, as risk-off conditions support the pound and limit euro gains. Near-term conditions suggest the pair could remain supported by risk-off flows.

💸 Transfer implications

  • Expats: sending money to the UK may find EUR less favourable compared to recent levels if the pair stays weak.
  • Travellers: buying GBP cash or currency cards could face less advantageous rates if EUR/GBP stays near recent lows.
  • Businesses: paying GBP invoices in EUR might see short-term costs remain elevated amid continued downward pressure on EUR.

🧭 Key drivers

  • Rate gap: The Bank of England remains cautious, with the UK rate outlook supporting the pound versus euro.
  • Risk/commodities: Elevated geopolitical tensions sustain safe-haven flows, supporting the pound and pressuring the euro.
  • Global factors: Ongoing geopolitical tensions and risk aversion continue to influence emerging market and risk-sensitive FX.

⚠️ What could change it

  • Upside risk: A shift in investor risk appetite or easing geopolitical tensions could lift EUR/GBP.
  • Downside risk: Unexpected UK economic data weakness or a more aggressive stance from the Bank of England could deepen euro losses.

BER suggests shopping around for lower margins when transferring funds to help offset less favourable exchange conditions.

 

GBPEUR Bank Forecasts to end of the year

According to recent forecasts, major banks expect the EUR/GBP pair to trend higher by the end of the year. This is primarily due to expectations of limited monetary action from the Bank of England and ongoing economic pressures on the UK. Rabobank anticipates the pair moving towards 0.89, while ING expects it to breach 0.88, with further gains projected as the year progresses. The collective view indicates a gradual strengthening of the euro against the pound.

Big bank views

  • Rabobank predicts EUR/GBP could reach 0.89 by year-end due to UK-specific risks and inflation concerns.
  • ING forecasts EUR/GBP to rise above 0.88 by year-end as domestic pressures on sterling strengthen the euro.
  • ING also projects a continuation of this trend into 2027, with EUR/GBP potentially reaching 0.90.

What could change the outlook

  • Significant policy shifts from the Bank of England could alter sterling's trajectory.
  • Unexpected geopolitical or economic disruptions impacting eurozone stability might slow the euro's gains.
 

EUR-GBP Rate Calculator

 
 
   
   
   
   
   
 
 

EUR to GBP Market Data

Euro (EUR) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell EUR   →   Buy GBP
1 EUR =
0.8542We compare provider deals to this wholesale mid-market rate. Read more
GBP
1d−0.3%▼
90dLows◒
EUR to GBP is at 90-day lows near 0.8542, 1.3% below its 3-month average of 0.8652, having traded in a very stable 2.1% range from 0.8542 to 0.8725
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  1 GBP = 1.1707 EUR

Compare & Save - euro to British pound

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare euro (EUR) to British pound (GBP) rates from different sources before making a conversion.

Use our EUR to GBP calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Euro to Sterling currency rates and the possible savings of using various providers.

 
 

Will the Euro rise against the British pound?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the euro vs British pound current value is to look the EUR/GBP historic rate and change over a range of periods.

The following table looks at the change in the EUR to GBP exchange rate over periods from the previous week back to the last 10 years.

DateEUR/GBPChangePeriod
22 Jun 2026
0.8626
0.7% ▼2 Week
07 Apr 2026
0.8721
1.8% ▼3 Month
06 Jul 2025
0.8630
0.7% ▼1 Year
07 Jul 2021
0.8546
0.2% ▲5 Year
08 Jul 2016
0.8535
0.4% ▲10 Year
11 Jul 2006
0.6924
23.7% ▲20 Year
EUR/GBP historic rates & change to 06-Jul-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add EUR/GBP to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

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Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more