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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

13 Apr 2026 • 00:25 GMT

GBP/EUR 1.1472

📊 Forecast snapshot

  • Near-term bias: ⚪ Range-bound
  • Expected range: N/A
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: ⚪ Range-bound

Currently, GBP/EUR is trading near the 90-day average, supported by the rate differential and geopolitical optimism. The pair remains within its recent range, with no clear directional momentum. Near-term conditions suggest the pair may stay sideways as macro drivers balance out, leaving the rate’s next move dependent on emerging global and policy developments.

💸 Transfer implications

  • Expats: sending money to Euro areas may find current exchange conditions broadly stable.
  • Travellers: exchanging Euro cash could face limited benefits from rapid rate movements.
  • Businesses: paying Euro invoices using GBP might see exchange costs remain near recent levels with little immediate change.

🧭 Key drivers

  • Rate gap: UK rate concerns and ECB rate hike expectations keep the pair trading close to its 3-month average.
  • Risk/commodities: Geopolitical optimism from Middle East ceasefire helps risk sentiment, supporting the pair.
  • Global factors: UK economic worries weigh on GBP, while ECB outlookings boost EUR sentiment slightly.

⚠️ What could change it

  • Upside risk: a positive shift in UK economic data or a clearer UK rate hike path could support GBP gains.
  • Downside risk: renewed geopolitical tension or a weakening UK outlook could pressure GBP/EUR lower.

BER suggests comparing FX providers to help offset less favourable exchange conditions and possibly reduce total 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 =
1.1489We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d0.0%⬦
GBP to EUR at 1.1472 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 = 0.8704 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
30 Mar 2026
1.1498
0.3% ▼2 Week
13 Jan 2026
1.1532
0.6% ▼3 Month
13 Apr 2025
1.1536
0.6% ▼1 Year
14 Apr 2021
1.1496
0.3% ▼5 Year
15 Apr 2016
1.2588
8.9% ▼10 Year
18 Apr 2006
1.4451
20.6% ▼20 Year
GBP/EUR historic rates & change to 13-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