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: Slightly positive, but likely to move sideways as the rate is above its recent average and lacks a clear driving factor.

Key drivers:

• Rate gap: The Bank of England is anticipated to cut rates by mid-2026, while the European Central Bank is taking a cautious approach with no immediate rate changes expected.

• Risk/commodities: Oil is trading well above its recent average, which could support the euro; however, any economic pressures from rising energy costs may weigh on both currencies.

• One macro factor: The UK’s manufacturing sector showed growth in January, potentially providing short-term support to the GBP.

Range: The GBP/EUR rate is likely to hold steady within its recent range, showing limited movement in the coming weeks.

What could change it:

• Upside risk: A sudden improvement in UK economic indicators could energize the Pound.

• Downside risk: A delay or uncertainty in economic policy direction could weaken the Pound further.

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 =
1.1567We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d0.0%
90dHighs
GBP to EUR is at 90-day highs near 1.1593, 1.2% above its 3-month average of 1.1452, having traded in a very stable 2.4% range from 1.1322 to 1.1593
|
Tracker

Manage Tracker   


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