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Pound Euro forecast - GBP EUR

A round up of the latest Pound Euro forecast news items from the Currency News desk.

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Pound-to-Euro Near 1.1950 as Crucial UK Growth Figures Loom

11 Nov 2026 at 8 PM - Written by Ben Hughes

The Pound to Euro (GBP/EUR) exchange rate traded within a narrow range on Wednesday as a lack of significant economic releases from the UK and Eurozone left investors awaiting fresh direction. At the time of writing, GBP/EUR was trading at around €1.1954, virtually unchanged on the day but having recovered slightly from Tuesday's...

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British Pound to Euro Forecast: GBP Stalls at 1.20 as Oil Prices Fall

11 Nov 2026 at 1 PM - Written by David Woodsmith

The Pound to Euro exchange rate (GBP/EUR) retreated towards 1.1960 as Brent crude fell to 10-week lows, easing pressure on the Euro and raising the prospect of a correction in stretched currency positions. MUFG warns that substantial speculative bets against the Euro leave it vulnerable to a rebound, while Sterling faces a fresh test...

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Pound-to-Euro Hits Eight-Day Low as French Bond Yields Fall

10 Nov 2026 at 8 PM - Written by David Woodsmith

The Pound to Euro (GBP/EUR) exchange rate fell to an eight-day low on Tuesday as declining French government bond yields helped ease concerns about the country's public finances, providing support for the single currency. At the time of writing, GBP/EUR was trading at around €1.1962, marginally lower on the day after recovering from...

CATEGORIES: Pound Euro Forecasts

British Pound to Euro Forecast: ANZ Cautious as GBP/EUR Tests 20-Month Highs

10 Nov 2026 at 4 PM - Written by James Fuller

The Pound to Euro exchange rate (GBP/EUR) held close to 20-month highs around 1.1980 as Sterling continued to attract buyers despite renewed volatility in global equity markets. However, ING and ANZ warn that the Pound's rally is becoming stretched, with expectations of further Bank of England rate hikes already heavily priced and...

CATEGORIES: Pound Euro Forecasts

Pound-to-Euro Holds Near €1.20 as ECB Leadership Race Begins

9 Nov 2026 at 8 PM - Written by Frank Davies

The Pound to Euro (GBP/EUR) exchange rate traded within a narrow range on Monday as investors weighed uncertainty over the European Central Bank's (ECB) next president against a further decline in UK government borrowing costs. At the time of writing, GBP/EUR was trading at approximately €1.1989, virtually unchanged from Monday's...

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Pound-to-Euro Week Ahead Forecast: GBP Supported by BoE, Closer EU Ties

9 Nov 2026 at 6 AM - Written by Frank Davies

The Pound to Euro exchange rate (GBP/EUR) held close to 1.20 after the Bank of England raised interest rates to 4.00% and warned that further tightening may be needed. Goldman Sachs sees scope for Sterling to advance towards 1.2050 in the short term, although investment banks remain divided over how far UK rates will rise and whether...

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British Pound to Euro Forecast: UK Inflation Could Hit 5% as BoE Raises Rates

8 Nov 2026 at 7 PM - Written by James Fuller

The Pound to Euro exchange rate (GBP/EUR) returned towards 1.2000 after the Bank of England raised interest rates to 4.00% and delivered a more hawkish message than markets had expected. An unexpectedly strong 8-1 vote and warnings over rising inflation risks have increased the prospect of another hike as early as December, although...

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Pound-to-Euro Breaks €1.20

5 Nov 2026 at 8 PM - Written by Frank Davies

The Pound to Euro (GBP/EUR) exchange rate climbed above €1.20 on Thursday after the Bank of England (BoE) raised interest rates and signalled that further increases could follow. At the time of writing, GBP/EUR was trading at around €1.2008, close to its recent 18-month high and approximately 0.2% higher than at the start of the...

CATEGORIES: Pound Euro Forecasts

British Pound to Euro Forecast: BoE Raises Rates to 4%, GBP Eyes 1.21

5 Nov 2026 at 5 PM - Written by David Woodsmith

The Pound to Euro exchange rate (GBP/EUR) held close to 19-month highs around 1.20 after the Bank of England raised interest rates to 4.00% in a more hawkish vote than expected. Pound Sterling remains supported by resilient UK economic data and persistent French fiscal concerns, although markets are now focused on whether policymakers...

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Pound-Euro Steady at 1.1983 as UK Services PMI Disappoints

4 Nov 2026 at 8 PM - Written by Frank Davies

The Pound Euro (GBP/EUR) exchange rate traded within a narrow range on Wednesday as investors assessed disappointing UK and Eurozone PMI figures alongside the latest inflation data from the currency bloc. At the time of writing, GBP/EUR was trading at around €1.1983, remaining close to the psychologically important €1.2000...

CATEGORIES: Pound Euro Forecasts