Pound's Ascent Against Euro Rises Into Rarefied Air
GBP/EUR has risen back into the middle of the 2026 range, where it tends to look most comfortable.
GBP/EUR has risen back into the middle of the 2026 range, where it tends to look most comfortable.
Seasonality and politics are against the pound.
More →Official daily exchange rates from 1971 to today: Bank of England, ECB and interbank sources.
Bank of England trade-weighted sterling effective exchange rate index (Jan 2005 = 100)
A reading above 100 means the currency is expensive relative to its long-run historical average. Below 100 means it is undervalued.
Pound sterling's next hurdle is PMI data for May, due mid-morning London time.
Pound Sterling's Reaction to Inflation Data Undershoot Won't Last Pound Recovers After Burnham Goes 'In Hock' to the Bond Markets Pound Sterling Selloff to Fade as Burnham Gamble Reeks of HubrisGBP/EUR has risen back into the middle of the 2026 range, where it tends to look most comfortable.
Pound-to-Euro Week Ahead Forecast: Steadier Pound-to-Euro: Analysts Respond to Political Upheaval Pound Recovery Holds, Streeting Resignation Reminds of Looming RisksPound sterling's next hurdle is PMI data for May, due mid-morning London time.
Pound Sterling's Reaction to Inflation Data Undershoot Won't Last Rising Unemployment, Cooling Wages: Bank of England Can Hold Back Hikes Pound Sterling Isn't Fooled by Q1's UK GDP SurgePound sterling holds gains against the dollar and euro after the Bank of England maintains interest rates and signals it remains guarded against rising inf...
Pound Sterling Hangs on Bank of England's Vote Split Pound's Rate Hike Support Dented by Bank of England Intervention Pound Sterling Firms on 'Hawkish' Bank of England GuidanceThe dollar has room to extend its recent gains, TD Bank says, but strategists say this is not to be mistaken for a sustained appreciation due to a structur...
Pound-to-Dollar Forecast: Long Hot Summer Ahead Warns ING GBP/USD Forecast: "Upside Surprise" Ahead Says Morgan Stanley Pound-to-Dollar This Week: Look for a Partial Recovery, Warsh is Main FocusIt's been a strong start to 2026, but the Australian dollar could be about to relinquish its crown say a number of tier-one analysts we follow.
Australian Dollar Weighed by Fading RBA Rate Hike Bets Why the Australian Dollar is Sliding Pound-Australian Dollar Week Ahead Forecast: Relentless SellingConsumers are in retreat; that should be enough to convince the RBNZ it doesn't need to raise interest rates next week.
Pound-New Zealand Dollar Rate Due a Breather New Zealand Dollar to "Languish": Westpac New Zealand Dollar Leads the PackThe euro outlook has been downgraded in a new analysis from a leading European bank.
Euro Headwinds Grow as Economy Cools Notably in May Euro-Dollar Forecasts Tilting Lower Dollar In Powerful ReboundGBP/CAD has come under pressure of late but the coming week suggests the pair will be better supported.
Pound-Canadian Dollar Caught in 100-pip Range Canadian Dollar: Bank of Canada Strikes 'Dovish' Tone Pound-Canadian Dollar: Scope for More Weakness This WeekIt's happening: by 2027 the Swiss franc will be stronger than the pound, according to a new forecast report.
Swiss Franc Tipped to Make a Comeback by UBS Swiss Franc Weakness Now SNB Policy "Seek Shelter in Safer Currencies" Warning Sounded