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EUR/GBP - Live Chart & Exchange Rate

1 EUR = 0.8605 GBP

Indicative rate, updated 7 hours ago. Not a live dealing rate - confirm with your broker before trading.

EUR/GBP Sentiment Gauge

A live technical-analysis reading for EUR/GBP, from Strong Sell to Strong Buy, updated automatically by TradingView. Forex has no reliable, freely-published Fear & Greed Index the way stocks or crypto do, so this momentum-based gauge is shown instead.

EUR/GBP is a cross pair - traded without the US Dollar as an intermediary - driven by European Central Bank policy and Eurozone economic data and Bank of England policy and UK economic data. Cross pairs can be more volatile than majors since two independent economies drive the price at once.

Rates shown here are indicative only. Confirm the exact rate and spread with your broker before trading.

EUR/GBP Key Statistics

Latest

0.8605

25 Sep 2026

Highest on record

0.9786

29 Dec 2008

Lowest on record

0.5711

3 May 2000

12-month average

0.8666

0.8487 – 0.8846

30 days: +0.50% 90 days: -0.24% 1 year: -1.64% 3 years: -1.12% 5 years: +0.40% 10 years: -0.43%

Over the past year EUR/GBP has fallen 1.64%, meaning the EUR has weakened against the GBP. In the last 30 days it has moved up 0.50%. Across the last 12 months it traded between 0.8487 and 0.8846. Its highest level in the available history (since 1999) was 0.9786 on 29 Dec 2008, and its lowest was 0.5711 on 3 May 2000.

Based on daily data from 4 Jan 1999 to 25 Sep 2026. Source: ECB reference rates (via Frankfurter). A rising rate means the EUR is strengthening against the GBP. Past performance does not predict future results.

What Moves EUR/GBP

A pair's price is one currency's value measured against another, so the economy behind each side matters.

Euro (EUR)

Eurozone · European Central Bank (ECB) · Free float

The Euro is the shared currency of most EU member states and the world's second most-traded currency. Its value reflects the combined economies of the Eurozone, led by Germany and France.

Major contributors to the economy

  • Advanced manufacturing (autos, machinery, chemicals)
  • Services and finance
  • Tourism
  • Pharmaceuticals
  • Luxury goods and exports

Key factors

  • ECB interest-rate policy. ECB decisions and forward guidance shape rate expectations relative to the US and UK.
  • German and Eurozone economic data. PMIs, industrial production and the German Ifo/ZEW surveys signal the health of the bloc's largest economy.
  • Energy prices. The Eurozone imports much of its energy, so gas and oil price spikes hurt the Euro.
  • Political and fiscal fragmentation. Elections, budget disputes and sovereign bond spreads in countries such as France and Italy can weigh on the Euro.

British Pound (GBP)

United Kingdom · Bank of England (BoE) · Free float

The Pound is one of the oldest currencies in continuous use and the fourth most-traded globally. London is the world's largest forex trading hub, so the Pound reacts quickly to UK data.

Major contributors to the economy

  • Financial services and insurance (London)
  • Professional and business services
  • Pharmaceuticals and life sciences
  • Aerospace and automotive
  • Creative industries and education

Key factors

  • Bank of England policy. MPC rate decisions, votes and minutes are the main driver of Pound moves.
  • UK inflation and wage data. Sticky inflation and strong wage growth make rate cuts less likely, generally supporting the Pound.
  • Government fiscal policy and gilt yields. Budget credibility affects UK bond yields and Pound confidence.
  • Post-Brexit trade and investment. The UK's trade relationship with the EU continues to influence business investment and growth expectations.

How EUR and GBP Interact

Central-bank policy matters on both sides: the European Central Bank (ECB) and the Bank of England (BoE). When one of them is expected to keep interest rates higher than the other, that currency usually attracts capital and strengthens; a narrowing gap tends to reverse the move.

Markets to Watch

  • German 10-year Bund yield EUR

    Higher yields relative to US Treasuries tend to support the Euro

  • European gas prices EUR

    Spikes usually weaken the Euro

  • UK 10-year gilt yield GBP

    Higher relative yields generally support the Pound

  • FTSE 100 GBP

    Global multinationals inside the index often move inversely to the Pound

Events & Data to Follow

  • EUR ECB meetings and press conferences
  • EUR Eurozone flash CPI and PMIs
  • EUR German Ifo and ZEW surveys
  • GBP Bank of England MPC decisions
  • GBP UK CPI and labour market data
  • GBP Budget and Autumn Statement

Historical Milestones

  1. 1992 GBP

    "Black Wednesday": the UK was forced out of the European Exchange Rate Mechanism, and the Pound collapsed.

  2. 1999 EUR

    The Euro launched, initially trading well above the Dollar before sliding to lows in 2000–01.

  3. 2007 GBP

    The Pound peaked around $2.10 against the Dollar just before the financial crisis.

  4. 2008 EUR

    It peaked around $1.60 in mid-2008 just before the global financial crisis.

  5. 2010–12 EUR

    The sovereign debt crisis (Greece, Ireland, Portugal, Spain, Italy) put the Euro's survival in question.

  6. 2016 GBP

    The Brexit referendum triggered one of the Pound's biggest one-day falls.

  7. 2022 EUR

    The energy shock following Russia's invasion of Ukraine drove the Euro below parity with the Dollar for the first time in about 20 years.

  8. 2022 GBP

    The "mini-budget" sparked a gilt and Pound sell-off, briefly pushing GBP/USD to its lowest since the 1980s.

Why EUR/GBP Matters to Zambian Traders

EUR/GBP is a cross pair, traded without the US Dollar. It is a useful way to practise analysing two economies at once, though spreads are usually wider than on the majors.

Compare brokers offering these pairs →

Risks & Trading Hours

  • Political divergence between member states. (EUR)
  • Sensitivity to global trade and energy shocks. (EUR)
  • The Pound can be volatile around political events. (GBP)
  • Large current-account deficit leaves it reliant on foreign capital inflows. (GBP)

Most active: London and early New York sessions • London session

EUR/GBP FAQ

What is the current EUR/GBP exchange rate? +

1 EUR is worth about 0.8605 GBP (indicative, updated 7 hours ago). Always confirm the exact rate with your bank or broker before you convert or trade.

What is the all-time high and low of EUR/GBP? +

In the data we track (since 4 Jan 1999), EUR/GBP peaked at 0.9786 on 29 Dec 2008 and bottomed at 0.5711 on 3 May 2000.

What moves the EUR/GBP exchange rate? +

EUR/GBP is influenced by the relative strength of the Euro and the British Pound. Key factors include: ECB interest-rate policy, German and Eurozone economic data, Bank of England policy, UK inflation and wage data. See the sections above for the full list.

When is the best time to trade EUR/GBP? +

Activity and liquidity are typically highest during: London and early New York sessions • London session. Spreads are usually tighter when the relevant markets are open.

Is EUR/GBP good for beginners? +

EUR/GBP can be more volatile or carry wider spreads than the major pairs, so it usually suits experienced traders better. If you are new, start with a demo account and a major pair. Trading forex carries a high risk of loss.

This page is educational and is not investment advice. Rates, statistics and commentary are indicative and may contain errors or be out of date. Forex and CFD trading carries a high risk of loss.