GBP to EUR forecast
for tomorrow and next week.

British pound to euro, from the ECB reference rate of Friday 6 November, re-anchored to the live market six times each working day.

Latest · Fri 6 Nov€1.1988per British pound
Next fix · Mon 9 Nov€1.1989Flat · No clear move
In 5 sessions · Fri 13 Nov€1.1990▲ 0.01% vs latest
Next fix 80% range€1.1953 to €1.20248 in 10 outcomes should land here

Last 10 sessions and the next 5

80% range shaded
1.20531.19901.1926
ActualForecast80% range

Convert at the forecast rate

£
Next fix, Mon 9 Nov, GBP to EUR€1,198.86
Likely €1,195.32 to €1,202.41

Going the other way?

EUR to GBP is forecast at £0.8341 for Mon 9 Nov. See the EUR to GBP forecast

What moves GBP to EUR.

Measured on the last three years of daily fixes, refreshed with every run.

The dollar's share0%Only 0% of the daily move follows the dollar against the majors. 100% is local: Euro flows, its central bank and domestic news.
Typical daily move0.15%About €0.0018 per British pound on an ordinary day, or €18 on a £10,000 transfer.
Right nowNormalMoves are close to their one year normal. A 0.00% a day crawl is built into the path.
Event days aheadMon 9 NovUS payrolls lands in the Mon 9 Nov fix. Those fixes move 1.3× a normal day on average, and their ranges are sized for it.

The best day this week to convert.

Chance each fix beats the latest rate of €1.1988. A higher rate means more EUR for every GBP you convert. Model estimates, not promises.

Mon 9 NovAfter US jobs€1.19891.1953 to 1.202450%
Tue 10 Nov€1.19891.1946 to 1.203251%
Wed 11 Nov€1.19891.1939 to 1.203951%
Thu 12 Nov€1.19891.1932 to 1.204751%
Fri 13 NovBest odds€1.19901.1926 to 1.205351%

How we've done on this pair.

Next fix forecasts roughly tie with a "no change" guess. Five sessions out they roughly tie, and the range caught 81% of outcomes against an 80% target.

0.00239Avg miss, next fixNo change guess: 0.00239 · Ties
80%Inside range, next fixTarget: 80% · 990 forecasts
0.00517Avg miss, 5 sessions outNo change guess: 0.00517 · Ties
81%Inside range, 5 sessions outTarget: 80% · 986 forecasts
Most recent next fix forecasts against the actual rate
DateForecastActualMissRange
Fri 6 Nov1.19921.19880.00034Inside
Thu 5 Nov1.19821.19910.00095Inside
Wed 4 Nov1.19961.19820.00147Inside
Tue 3 Nov1.19651.19960.00317Outside
Mon 2 Nov1.19931.19640.00290Outside
Fri 30 Oct1.19651.19930.00283Inside
Forecast archive

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GBP to EUR in the last six months

One British pound bought as little as €1.1488 on Fri 15 May and as much as €1.1996 on Tue 3 Nov, a swing of 4.3%. On a £10,000 transfer, that gap is worth about €509.

Six month low€1.1488Fri 15 May
Six month high€1.1996Tue 3 Nov

Related forecasts

USD to EURNext fix €0.8957GBP to INRNext fix ₹125.71EUR to INRNext fix ₹104.86EUR to GBPNext fix £0.8341EUR to USDNext fix $1.1165GBP to USDNext fix $1.3350

GBP to EUR questions

What will GBP to EUR be tomorrow?

Our forecast for Monday 9 November is €1.1989 per British pound, with an 80% range of €1.1953 to €1.2024. The latest ECB reference rate was €1.1988 on Friday 6 November.

Will the British pound rise against the euro next week?

The five session path drifts up to €1.1990 by Friday 13 November, a change well inside the normal range, so treat it as steady. On this pair, five session forecasts currently roughly tie with a simple no change guess.

What is the best day this week to convert GBP to EUR?

Friday 13 November has the best modelled chance of beating the latest fix, about 51%. That is an estimate from our calibrated ranges, not a promise.

How accurate are GBP to EUR forecasts?

Across 990 next fix forecasts the average miss was 0.00239, against 0.00239 for assuming no change, and the real rate landed inside our range 80% of the time.

How is the GBP to EUR forecast made?

The next fix starts from the latest market rate: before the fix we anchor to the live rate, after it to the fix itself. A drift is added only when the last 250 sessions show a statistically strong trend, which matters for crawling currencies like the lira and not for GBP to EUR. The range comes from a volatility model that reacts to recent swings, calibrated so 8 in 10 outcomes land inside it. Nothing about the direction is guessed: on daily data no model we tested beats the market's own price, and we publish the score to prove it.

Is this the rate my bank will give me?

No. Banks and transfer apps add their own margin. Use the forecast for the direction and size of the move, not as your final quote.