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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What's Driving GBP/EUR Today
~ ๐ช๐บ GBP/EUR hit a high of 1.1748 on July 13, the highest level in more than a year
~That followed a technical breakthrough of the 1.16-1.1630 resistance barrier, which has proven formidable
~ However, the RSI indicated the pair had become overbought
~ Subsequently, consolidation has emerged and a shallow pullback, allowing overbought conditions to unwind
~ Technical studies still consistent with a bullish setback
~ Consensus amongst analysts remains that the pound could struggle into year-end as the new Prime Minister Andy Burnham tries to find the money to fund his policies
~Risks are likely to be loaded towards the back of the summer as Westminster effectively closes next week, ensuring window for GBP outperformance is still open
| One Week | 1.1808 |
| One Month | 1.1796 |
| Three Months | 1.1767 |
| Six Months | 1.1722 |
| One Year | 1.1633 |
| Date | Open | Close | High | Low | Mid |
|---|---|---|---|---|---|
| Thu 16 Jul | 1.1811 | 1.1778 | 1.1811 | 1.1777 | 1.1795 |
| Wed 15 Jul | 1.1723 | 1.1811 | 1.1828 | 1.1712 | 1.1767 |
| Tue 14 Jul | 1.1727 | 1.1724 | 1.1740 | 1.1703 | 1.1726 |
| Mon 13 Jul | 1.1741 | 1.1727 | 1.1744 | 1.1708 | 1.1734 |
| Fri 10 Jul | 1.1731 | 1.1740 | 1.1752 | 1.1722 | 1.1736 |
| Thu 9 Jul | 1.1728 | 1.1731 | 1.1740 | 1.1709 | 1.1730 |
| Wed 8 Jul | 1.1706 | 1.1727 | 1.1737 | 1.1689 | 1.1717 |
| Tue 7 Jul | 1.1703 | 1.1706 | 1.1719 | 1.1690 | 1.1705 |
| Mon 6 Jul | 1.1673 | 1.1703 | 1.1709 | 1.1662 | 1.1688 |
| Fri 3 Jul | 1.1673 | 1.1676 | 1.1680 | 1.1662 | 1.1675 |
| Thu 2 Jul | 1.1668 | 1.1674 | 1.1701 | 1.1662 | 1.1671 |
| Wed 1 Jul | 1.1611 | 1.1669 | 1.1674 | 1.1603 | 1.1640 |
Pound to Euro Forecast: 1.1767 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 1.1796, according to market-implied pricing. In three months, the rate is expected to be at 1.1767. In six months the projected rate is at 1.1722. In one year the rate is expected to be at 1.1633.
Quarterly GBP/EUR targets from Goldman Sachs, Barclays, JP Morgan, Deutsche Bank, ING and more โ updated weekly.