Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

GBP to EUR Forecasts – British pound to euro

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

 

GBP to EUR Forecast & Outlook

01 Apr 2026 • 00:26 GMT

GBP/EUR 1.1443

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 1.1200 – 1.1440
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: 🟢 Uptrend

Currently, GBP/EUR is trading near 14-day lows at 1.1443, just below its 3-month average of 1.1512. The pair is supported by the rate differential, with the Euro benefitting from signals of a widening margin against the UK. Over the next few sessions, the pair may remain supported by interest rate outlooks and safe-haven flows, but near-term conditions suggest further downside is possible if risk sentiment worsens.

💸 Transfer implications

  • Expats: sending money to Euro countries may find current conditions less favourable than recent levels.
  • Travellers: buying Euros might face slightly higher costs if the pair slips further.
  • Businesses: paying Euro invoices with GBP could see less advantageous exchange rates if the pair declines.

🧭 Key drivers

  • Rate gap: A widening rate differential favors EUR, pressuring GBP/EUR lower in the short term.
  • Risk/commodities: Risk-off sentiment supports safe-haven currencies, indirectly pressuring GBP.
  • Global factors: Ongoing Eurozone-US rate differential signals a medium-term tilt towards EUR gains.

⚠️ What could change it

  • Upside risk: A stabilization in risk sentiment or UK economic data that supports GBP.
  • Downside risk: Worsening global risk appetite or renewed Brexit-related uncertainties could push the pair lower.

BER suggests shopping around for the lowest margin provider may help reduce overall transfer costs.

GBP-EUR Rate Calculator

 
 
   
   
   
   
   
 
 

GBP to EUR Market Data

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

 
Sell GBP   →   Buy EUR
1 GBP =
1.1482We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d−0.5%▼
GBP to EUR is at 14-day lows near 1.1443, just 0.6% below its 3-month average of 1.1512, having traded in a stable 1.7% range from 1.1403 to 1.1595
|
Tracker

Manage Tracker   

  1 EUR = 0.8709 GBP

Compare & Save - British pound to euro

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

Use our GBP to EUR 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 Sterling to Euro currency rates and the possible savings of using various providers.

 
 

Will the British pound rise against the Euro?

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

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

DateGBP/EURChangePeriod
18 Mar 2026
1.1571
1.1% ▼2 Week
01 Jan 2026
1.1466
0.2% ▼3 Month
01 Apr 2025
1.1968
4.4% ▼1 Year
02 Apr 2021
1.1760
2.7% ▼5 Year
03 Apr 2016
1.2480
8.3% ▼10 Year
06 Apr 2006
1.4331
20.1% ▼20 Year
GBP/EUR historic rates & change to 01-Apr-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 GBP/EUR to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage Tracker   

 

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

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

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