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
~ 🇪🇺 GBP/EUR hit a high of 1.17 on Thursday
~That's a remarkable outcome for a pair that has been severely capped by 1.16-1.1630 resistance for more than a year
~ A steady grind into this resistance over recent days did the trick: it sawed through layer upon layer of market positions that sell GBP and work against the move higher
~ Once through, like an unwinding spring, the move accelerated
~ Fundamental drivers include the UK's still meaningful bond yield advantage over the eurozone
~ Faded political risks ahead of the summer period are also helping - Bank of England Governor Bailey also indicated midweek that the Bank isn't entertaining rate cuts at all
| One Week | 1.1728 |
| One Month | 1.1716 |
| Three Months | 1.1687 |
| Six Months | 1.1642 |
| One Year | 1.1551 |
| Date | Open | Close | High | Low | Mid |
|---|---|---|---|---|---|
| Fri 10 Jul | 1.1731 | 1.1737 | 1.1739 | 1.1722 | 1.1734 |
| 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: 1.1687 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 1.1716, according to market-implied pricing. In three months, the rate is expected to be at 1.1687. In six months the projected rate is at 1.1642. In one year the rate is expected to be at 1.1551.
Quarterly GBP/EUR targets from Goldman Sachs, Barclays, JP Morgan, Deutsche Bank, ING and more — updated weekly.
