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

    GBP to EUR 2024 Forecasts

    Analysis of recent Sterling → Euro forecasts for 2024. We collate forecasts from respected FX analysts together with the latest Pound Sterling to Euro performance and trends.


    Forecasts for GBP to EUR


    Recent forecasts for the GBP to EUR exchange rate suggest a mix of factors influencing the trajectory of these currencies. The British pound (GBP) has been finding support amid market volatility, with analysts highlighting the impact of inflation figures on the Bank of England's interest rate decisions. Despite some expectations for interest rate cuts in the UK, the pound has shown resilience in the face of speculation around future policy moves. However, forecasts from institutions like HSBC and RBC point towards a potential weakening of the pound against the euro in the second half of the year due to factors such as political uncertainty and economic risks.

    On the other hand, the euro (EUR) has been experiencing pressure due to its negative correlation with a strengthening US dollar, as well as concerns over Eurozone economic performance. Analysts anticipate that the European Central Bank's policy decisions could play a crucial role in shaping the euro's outlook moving forward, especially in response to economic weaknesses within the Eurozone. Despite some cautious optimism and expectations of a strengthening trend against the US dollar, uncertainties around ECB policy decisions and potential economic downturns pose risks to the euro's performance. Additionally, factors like Eurozone inflation levels and service sector data could influence the euro's movements in the near term.

    Given the recent GBP to EUR price data showing the exchange rate near 14-day highs at around 1.1708, close to its 3-month average and within a stable range, coupled with the Brent Crude OIL/USD price data indicating volatility in oil prices, FX analysts are closely monitoring these developments to assess their impact on the GBP to EUR exchange rate. With both currencies facing various challenges and uncertainties, businesses and individuals involved in international transactions are advised to stay informed about market updates and forecasts to navigate potential currency fluctuations effectively and optimize their foreign exchange transactions.

    @bestfxrates : 📈 Mixed signals for GBP to EUR outlook - FX analysts see possible GBP slide to $US1.15 vs EUR amidst UK political, economic uncertainties, and BoE rate decision. EUR struggles with USD strength, yet may climb to 1.15 by 2024 end. GBP/EUR trades at 1.1671; watch ECB/Fed moves closely. #ForexUpdate

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

    Request Quotes

    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

    Loading rates...


    GBP to EUR Market Data

    Pound Sterling (GBP) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.

    1 GBP =
    1.1713We compare provider deals to this wholesale mid-market rate. Read more
    GBP to EUR is at 14-day highs near 1.1708, near its 3-month average, having traded in a stable 1.3% range from 1.1605 to 1.1758
    Sell GBP   →   Buy EUR
    My Rates

    Manage My Rates   

    Compare & Save - Pound Sterling to Euro

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Pound Sterling (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.

    28 Mar 2024
    0.1% 2 Week
    12 Jan 2024
    0.7% 3 Month
    12 Apr 2023
    3% 1 Year
    13 Apr 2019
    1.2% 5 Year
    14 Apr 2014
    3.3% 10 Year
    16 Apr 2004
    21.7% 20 Year
    GBP/EUR historic rates & change to 11-Apr-2024

    Will the Pound Sterling rise against the Euro?

    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 My Rates   


    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

    Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


    Read our Currency guide to the Eurozone - a practical currency and money guide to travel, living and doing business in the Eurozone with the Euro.


    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