GBP/EUR News

04/08/2025 to 08/08/2025: The pound rallied against the euro after the BoE's expected rate hike and accompanying forward guidance prompted investors to scale back bets on further cuts.

28/07/2025 to 01/08/2025: The pound recovered from a two-year low against the euro as doubts over the EU-US trade deal surfaced.

14/07/2025 to 18/07/2025: The pound euro exchange rate endured a volatile week, dipping below 1.15 amid mounting speculation of a Bank of England interest rate cut. Hawkish inflation data offered some support, but a weakening labour market and lack of UK economic momentum limited gains.

UK economic concerns applied downward pressure to the pound, causing it to decline in value against the euro.

30/06/2025 to 04/07/2025: The pound euro exchange rate plummeted below the 1.16 benchmark as hawkish central bank rhetoric and UK political uncertainty applied downward pressure.

16/06/2025 to 20/06/2025: The pound dipped to a multi-week low amid the Bank of England's latest interest rate decision and downbeat UK data.

09/06/2025 to 13/06/2025: The pound fell by more than 1% against the euro following the release of downbeat economic data from the UK economy.

02/06/2025 to 06/06/2025: The pound euro (GBP/EUR) exchange rate traded within the 1.18 range amid notable Eurozone data, an ECB rate cut and BoE rate rhetoric.

26/05/2025 to 30/05/2025: Having hit a multi-week high against the euro, the pound plummeted amid dollar weakness that supported the single currency.

The pound rose through the 1.19 benchmark against the euro following better-than-expected data from the UK economy.