# Rabobank Euro To Pound Forecast: EUR/GBP At 0.84 In Three Months

> Rabobank projects GBP/USD near $1.34 around late January 2027 and a retreat to $1.30 by late October 2027. The bank has added another expected Bank of England hike to its outlook, which it says complicates its earlier case for sterling weakness. The pound finished October 0.94% higher after a Budget that avoided the disruption investors had feared.

- Date: 2026-10-31 · published 2026-11-01T06:10:54.749Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/4270-rabobank-euro-to-pound-forecast-eur-gbp-at-0-84-in-three-months
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Expected BoE tightening and a stronger pound reshape the currency outlook for UK and European importers and for dollar-priced commodity trade. The forecast change is a currency view with no direct effect on feed commodity supply or demand.

## Read by commodity

- EURUSD: neutral
- GBPUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-09-12 | [European Central Bank cuts interest rates again and lowers growth forecasts](https://feedsoft.ai/events/28530-european-central-bank-cuts-interest-rates-again-and-lowers-growth-forecasts.md) | +0.9% | -0.6% |
| EURUSD | 2026-09-30 | [Euro heads for biggest monthly loss of 2026: What are the reasons?](https://feedsoft.ai/events/17695-euro-heads-for-biggest-monthly-loss-of-2026-what-are-the-reasons.md) | -0.7% | -1.7% |
| EURUSD | 2021-08-17 | [There’s a non-pandemic catalyst set to drive the dollar, pound and euro for the rest of 2021 - MarketWatch](https://feedsoft.ai/events/45808-there-s-a-non-pandemic-catalyst-set-to-drive-the-dollar-pound-and-euro-for-the.md) | -0.4% | +0.4% |
| EURUSD | 2025-07-01 | [ECB policymakers set pain threshold for euro rise in weak economy \| Reuters](https://feedsoft.ai/events/23984-ecb-policymakers-set-pain-threshold-for-euro-rise-in-weak-economy-reuters.md) | -0.5% | -2.0% |
| EURUSD | 2017-09-01 | [Euro slips after six months of gains as ECB eyed \| The National](https://feedsoft.ai/events/69163-euro-slips-after-six-months-of-gains-as-ecb-eyed-the-national.md) | +1.2% | -0.7% |

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/47629/2026-10-31-rabobank-euro-to-pound-forecast-eur-gbp-at-0-84-in-three-months.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.