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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.

 

The market bias for GBP to EUR is range-bound.

Key drivers include:

  • Interest rate differentials: The Bank of England may cut rates amid slowing inflation and growth, while the European Central Bank remains data-dependent, impacting the euro's stability.
  • Economic growth: The UK's anticipated low growth may exert downward pressure on the pound, while the eurozone benefits from projected GDP growth supported by fiscal measures.
  • Commodities: Rising oil prices could influence the euro, as oil is crucial for the eurozone economy, potentially providing a supportive backdrop for the euro.

In the near term, expect the GBP to EUR trading range to remain narrow, with suitability around current levels. Upside risk for the pound could come from unexpected positive economic data or a more aggressive stance from the Bank of England. Conversely, a worsening UK fiscal situation or renewed geopolitical tensions might push the pound lower against the euro.

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 =
1.1523We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d−0.1%▼
 
GBP to EUR at 1.1523 is just 0.8% above its 3-month average of 1.143, having traded in a stable 2.0% range from 1.1322 to 1.1551
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  1 EUR = 0.8678 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
26 Dec 2025
1.1468
0.5% ▲2 Week
11 Oct 2025
1.1490
0.3% ▲3 Month
09 Jan 2025
1.1945
3.5% ▼1 Year
10 Jan 2021
1.1092
3.9% ▲5 Year
12 Jan 2016
1.3302
13.4% ▼10 Year
14 Jan 2006
1.4659
21.4% ▼20 Year
GBP/EUR historic rates & change to 09-Jan-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