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

GBP to EUR 2026 Forecasts

Analysis of recent sterling → euro forecasts for 2026. We collate forecasts from respected FX analysts together with the latest British pound to Euro performance and trends.

 

GBP/EUR Outlook:

The GBP/EUR exchange rate is slightly weaker, trading near recent lows and just below its 90-day average. The pressure arises from expectations of a Bank of England rate cut due to rising unemployment and slowing wage growth.

Key drivers:

• Rate gap: The Bank of England is expected to cut interest rates in March, while the European Central Bank maintains a cautious monetary stance.

• Risk/commodities: Oil prices are significantly above their recent average, which can lead to increased costs across Europe and pressure on the euro.

• One macro factor: Recent UK employment data indicated rising unemployment and lower wage growth, contributing to downward pressure on the pound.

Range:

The GBP/EUR pair is likely to drift within its recent trading range, as it has shown stability despite current pressures.

What could change it:

• Upside risk: A surprise increase in UK inflation could delay rate cuts from the BoE.

• Downside risk: Further deterioration in the UK labor market could strengthen bets for a rate cut, exerting more pressure on the pound.

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 =
1.1456We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d−0.5%▼
30dLows◒
GBP to EUR is at 30-day lows near 1.1443, just below its 3-month average, having traded in a very stable 2.4% range from 1.1322 to 1.1590
|
Tracker

Manage Tracker   

  1 EUR = 0.8729 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.

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