GBP/EUR Exchange Rate (Pound to Euro)
Live GBP/EUR exchange rate with intraday chart, daily statistics, forecasts and latest news.
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Market Analysis: Updated Daily
What's Driving GBP/EUR Today
- GBP/EUR trades at 1.1699 after touching 1.1712, its best level since late July
- UK economy grew 0.4% in Q2 and June beat forecasts, keeping Bank of England rate hike bets alive
- The economy is defying the seasonal second half slowdown seen in recent years
- New house view: sterling can end 2026 higher against both the euro and dollar, against consensus
- Burnham's small giveaways signal a cautious, fiscally neutral October 28 budget that could dissolve the pound's risk premium
- Consensus stays bearish, with Rabobank selling pound rallies and HSBC flagging vulnerability, setting up a repricing if the budget behaves
- Sterling's yield spread advantage over the euro hasn't materially improved, the main brake near term
- Markets price a September ECB hike as near certain, keeping the euro underpinned
- Technicals constructive: the rising 100 day average at 1.1594 underpins the recovery from the 1.1650 base
- Resistance at 1.1750 guards the July high at 1.1824, with support layered at 1.1633 and 1.1600
This commentary is updated each trading day. For the latest analysis visit the GBP/EUR News Hub →
| One Week | 1.1695 |
| One Month | 1.1683 |
| Three Months | 1.1657 |
| Six Months | 1.1613 |
| One Year | 1.1526 |
| Date | Open | Close | High | Low | Mid |
|---|---|---|---|---|---|
| Fri 14 Aug | 1.1699 | 1.1702 | 1.1709 | 1.1694 | 1.1701 |
| Thu 13 Aug | 1.1709 | 1.1698 | 1.1715 | 1.1692 | 1.1704 |
| Wed 12 Aug | 1.1703 | 1.1709 | 1.1721 | 1.1699 | 1.1706 |
| Tue 11 Aug | 1.1702 | 1.1703 | 1.1711 | 1.1694 | 1.1703 |
| Mon 10 Aug | 1.1677 | 1.1701 | 1.1715 | 1.1667 | 1.1689 |
| Fri 7 Aug | 1.1675 | 1.1673 | 1.1681 | 1.1655 | 1.1674 |
| Thu 6 Aug | 1.1657 | 1.1675 | 1.1682 | 1.1649 | 1.1666 |
| Wed 5 Aug | 1.1665 | 1.1657 | 1.1673 | 1.1654 | 1.1661 |
| Tue 4 Aug | 1.1672 | 1.1665 | 1.1682 | 1.1660 | 1.1669 |
| Mon 3 Aug | 1.1699 | 1.1673 | 1.1699 | 1.1663 | 1.1686 |
Pound to Euro Forecast: 1.1657 in Three Months
These predictions are based on the forward points being traded in currency markets. These contracts are widely used by businesses, investors, and financial institutions for hedging or speculative purposes. The pricing of forwards provides valuable insights into market expectations for the future direction of currency pairs.
In one month the Pound-Euro exchange rate is forecast to be at 1.1683, according to market-implied pricing. In three months, the rate is expected to be at 1.1657. In six months the projected rate is at 1.1613. In one year the rate is expected to be at 1.1526.
Quarterly GBP/EUR targets from Goldman Sachs, Barclays, JP Morgan, Deutsche Bank, ING and more — updated weekly.
