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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

25 Mar 2026 • 00:27 GMT

GBP/EUR 1.1550

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 1.1390 – 1.1600
  • Dominant driver: 🏦 Central bank policy divergence
  • 3-month trend: 🟢 Uptrend

Currently, GBP/EUR is trading near its 3-month average and within a stable range. The pair is finding support around recent highs, but the dominant driver remains the divergence in monetary policy expectations. The UK’s sticky inflation and a hawkish BoE stance contrast with the cautious signals from the ECB amid geopolitical tensions. Over the next few sessions, this dynamic may keep the pair under pressure, as risk-off sentiment supports safe-haven currencies and limits GBP gains.

💸 Transfer implications

  • Expats: sending money to the Eurozone may find conditions less supportive than recent levels.
  • Travellers: exchanging GBP for EUR could face pressure if the pair continues to weaken.
  • Businesses: paying euros may experience less favourable exchange rates for overseas invoices.

🧭 Key drivers

  • Rate gap: UK has a less aggressive easing path than the Eurozone, maintaining a gap that favours the euro.
  • Risk/commodities: Risk-off sentiment supports the euro and pressure on GBP.
  • Global factors: Geopolitical tensions reinforce safety flows towards EUR and away from GBP.

⚠️ What could change it

  • Upside risk: A positive surprise in UK economic data could strengthen GBP.
  • Downside risk: Sharp deterioration in global risk appetite may see the pair trading lower, supported by safe-haven flows.

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 =
1.1563We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d−0.1%▼
GBP to EUR at 1.1550 is just above its 3-month average, having traded in a stable 1.7% range from 1.1403 to 1.1595
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  1 EUR = 0.8648 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
11 Mar 2026
1.1593
0.4% ▼2 Week
25 Dec 2025
1.1463
0.8% ▲3 Month
25 Mar 2025
1.1999
3.7% ▼1 Year
26 Mar 2021
1.1687
1.2% ▼5 Year
27 Mar 2016
1.2659
8.8% ▼10 Year
30 Mar 2006
1.4365
19.6% ▼20 Year
GBP/EUR historic rates & change to 25-Mar-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