Sterling continues its quiet climb against the euro. The ECB reference rate fixed EUR/GBP at 0.8377 on 22 October, the lowest euro reading of 2026 and the fourth consecutive daily decline.

The cross has lost 3.9% so far this year, from 0.8719 on 2 January, and sits 4.4% below its February peak of 0.8763 (27 February). Every fix since Monday has closed lower than the previous one.

Source: European Central Bank, daily EUR/GBP reference rate (fix 22/10/2026).