Pound-to-Euro Forecast to Probe 1.20 This Week
The British pound is probing 1.20 against the euro ahead of Thursday's Bank of England decision, and the trend remains firmly higher despite stretched conditions.
The British pound is probing 1.20 against the euro ahead of Thursday's Bank of England decision, and the trend remains firmly higher despite stretched conditions.
The consensus is ripe to be challenged.
More →How money moves between banks and borders: settlement, correspondent banking and the rails behind every payment.
Money transfer platforms holding a single banking line are exposed to that bankโs outages and to the bank closing the line, and UK rules now expect a plan for both. A specialist multi-currency clearing provider offers an answer.
21 October 2026Official daily exchange rates from 1971 to today: Bank of England, ECB and interbank sources.
Bank of England trade-weighted sterling effective exchange rate index (Jan 2005 = 100)
A reading above 100 means the currency is expensive relative to its long-run historical average. Below 100 means it is undervalued.
The British pound is set for a constructive year-end against the euro, dollar and other currencies.
Pound Sterling Slides in Wake of Budget Pound Sterling: Too Complacent Ahead of Budget 2026? Pound Sterling Forecasts at Risk of Upside Revision, says Crรฉdit AgricoleThe British pound is probing 1.20 against the euro ahead of Thursday's Bank of England decision, and the trend remains firmly higher despite stretched cond...
Pound-to-Euro Aims for Top of Post-Brexit Range Pound-to-Euro on Cusp of Fresh Highs pre-Budget Pound-to-Euro Rate a Sell With Crรฉdit AgricoleThe British pound was overvalued heading into a budget that offered no major surprises.
Pound Sterling Jumps to Fresh 2026 Best Following Jobs Surprise Pound Sterling Falls After Bank of England Strikes a Dovish Tone Burnham's Gen-Z Base Leads Confidence to 2-year HighsBailey says the neutral rate has risen and the economy is resilient, leaving the pound the G7's best performer this week.
Pound Sterling Falls After Bank of England Strikes a Dovish Tone Bank of England Rate Cuts Will Soon Be Back on the Agenda Pound Passes Bank of England TestThe British pound heads into a week of U.S. midterm elections and payrolls data with fading Federal Reserve hike bets giving it room to extend higher again...
Pound-to-Dollar Boost as Tech Earnings Lower Urgency of Fed Hikes GBP/USD Holds the Line on Softer Fed Messaging Pound-to-Dollar Under Pressure Ahead of Fed's 'Hawkish Hold'The Australian dollar is supported by growing expectations that the Reserve Bank of Australia will raise interest rates next week, after official data show...
GBP/AUD Week Ahead Forecast: Clash of the High Yielders Australian Dollar Falters Alongside Risk Sentiment Australian Dollar Supported as Hauser Puts November RBA Hike Back in PlayThe New Zealand dollar has slumped after the RBNZ unexpectedly held interest rates, with analysts split on whether the central bank has delayed its hiking ...
New Zealand Dollar Needs Hawkish RBNZ Guidance to Hold Pre-Meeting Gains New Zealand Dollar: Inflation Points to RBNZ Hike RBNZ Hold Next Week Would Likely Sink the New Zealand Dollar says ASBThe euro's selloff against the dollar has eased at a well-defined support line, opening the door to a recovery this week, but Pound Sterling Live sees any ...
Euro-Dollar's Post-ECB Jump Flattered by USD Selloff Our Euro-Dollar Forecast Too "Ambitious" says Julius Baer Euro-Dollar Risks Fresh 2026 Low if Warsh Sounds Hawkish: UniCreditThe Bank of Canada raised rates and lifted its 2027 inflation forecast by more than a percentage point, putting a follow-up move in December in play, thoug...
Canadian Dollar has Got Ahead of Itself: Spectra's Donnelly Canadian Dollar Outperforms on Alberta Vote GBP/CAD Week Ahead Forecast: Alberta VotesThe Swiss franc is undermined by 0% base rate and a misfiring safe-haven bid, but France and an AI rout could shift the narrative.
Chasing Franc Weakness Looks Attractive: Lloyds Bank Pound-Franc Gains Have Further to Run: BofA Swiss Franc Most Vulnerable to Oil Spikes: HSBC