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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

04 Apr 2026 • 00:25 GMT

GBP/EUR 1.1459

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: N/A
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, GBP/EUR is trading close to its 90-day average and within a stable 1.7% range. The pair remains supported by risk-off conditions, with safe-haven flows pressing the euro. Over the next few sessions, the pair could face downward pressure if risk sentiment remains cautious or geopolitical tensions persist.

💸 Transfer implications

  • Expats: sending money to Euro countries may find GBP less favourable than recent levels if the pair declines.
  • Travellers: exchanging GBP for EUR might see less value if the pair weakens further.
  • Businesses: paying Euro invoices using GBP may face higher costs if exchange rates trend lower.

🧭 Key drivers

  • Rate gap: The UK’s monetary policy remains cautious, with the Bank of England holding near its 90-day average, limiting sterling’s gains.
  • Risk/commodities: Elevated geopolitical tensions and risk-off sentiment support safe-haven currencies and pressure risk-sensitive FX.
  • Global factors: US dollar strength continues to influence EUR, reinforced by broader geopolitical tensions affecting market risk appetite.

⚠️ What could change it

  • Upside risk: A shift towards risk appetite or easing geopolitical tensions could push GBP/EUR higher.
  • Downside risk: Further escalation in geopolitical tensions or a shift in global risk sentiment could deepen euro support and push the pair lower.

BER suggests shopping around for the lowest margin provider may help reduce overall transfer costs and offset less favourable exchange conditions.

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 =
1.1476We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d0.0%⬦
GBP to EUR at 1.1459 is just below its 3-month average, having traded in a stable 1.7% range from 1.1403 to 1.1595
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  1 EUR = 0.8714 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
20 Mar 2026
1.1527
0.5% ▼2 Week
03 Jan 2026
1.1483
0.1% ▼3 Month
03 Apr 2025
1.1851
3.2% ▼1 Year
04 Apr 2021
1.1753
2.4% ▼5 Year
05 Apr 2016
1.2438
7.8% ▼10 Year
08 Apr 2006
1.4378
20.3% ▼20 Year
GBP/EUR historic rates & change to 03-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.

 
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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.

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