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

06 Apr 2026 • 00:25 GMT

GBP/EUR 1.1457

📊 Forecast snapshot

  • Near-term bias: ⚪ Range-bound
  • Expected range: 1.1400 – 1.1600
  • Dominant driver: 🏦 Central bank policy divergence
  • 3-month trend: ⚪ Range-bound

GBP/EUR is trading close to the 90-day average within a range of 1.1403 to 1.1595. It remains supported by the current policy outlook, with UK monetary policy being cautious but not sharply divergent. Over the next few sessions, the pair's sideways trading range may persist as market conditions stay balanced and geopolitical tensions remain elevated.

💸 Transfer implications

  • Expats: sending money to the Euro zone may find current exchange conditions broadly stable.
  • Travellers: buying Euro cash could face limited movement, with conditions slightly supportive.
  • Businesses: paying overseas Euro invoices might see little change, with conditions staying within recent levels.

🧭 Key drivers

  • Rate gap: UK and Eurozone policies are close, with the Bank of England and ECB maintaining cautious stances.
  • Risk/commodities: Risk sentiment remains neutral; geopolitical tensions keep market activity in check.
  • Global factors: Geopolitical tensions and cautious macro outlook underpin the pair’s range-bound nature.

⚠️ What could change it

  • Upside risk: A clearer signal from the Bank of England supporting a potential rate hike could support GBP.
  • Downside risk: Worsening UK-EU relations or global risk-off sentiment could pressure GBP lower.

BER suggests shopping around for the lowest margin provider to help reduce overall transfer costs and comparing FX providers to 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 =
1.1464We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d−0.2%▼
GBP to EUR at 1.1457 is just below its 3-month average, having traded in a stable 1.7% range from 1.1403 to 1.1595
|
Tracker

Manage Tracker   

  1 EUR = 0.8723 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
23 Mar 2026
1.1566
0.9% ▼2 Week
06 Jan 2026
1.1552
0.7% ▼3 Month
06 Apr 2025
1.1762
2.5% ▼1 Year
07 Apr 2021
1.1575
0.9% ▼5 Year
08 Apr 2016
1.2392
7.5% ▼10 Year
11 Apr 2006
1.4398
20.4% ▼20 Year
GBP/EUR historic rates & change to 06-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