Home EUR GBP/EUR: Pound Rebound From 6 Month Low

GBP/EUR: Pound Rebound From 6 Month Low

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14th September 2020

The Pound Euro (GBP/EUR) exchange rate is trading +0.2% higher on Monday at €1.09823 after striking a 6 month low on Friday.

The bombshell Internal Markets Bill is due to be debated in Parliament today. The bill, which undermines part of the Brexit Bill could scupper the chances of a trade deal being agreed between EU and UK and ups the chances of legal action from the EU.

The Euro is trading steadily as investors look ahead to the release of industrial production data., which is expected to show growth of +10% mom in July, after jumping +9.1% in June.

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Currencylive.com is a site operated by Wise Inc. ("We", "Us"), a Delaware Corporation. We do not guarantee that the website will operate in an uninterrupted or error-free manner or is free of viruses or other harmful components. The content on our site is provided for general information only and is not intended as an exhaustive treatment of its subject. We expressly disclaim any contractual or fiduciary relationship with you on the basis of the content of our site, any you may not rely thereon for any purpose. You should consult with qualified professionals or specialists before taking, or refraining from, any action on the basis of the content on our site. Although we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up to date, and DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Some of the content posted on this site has been commissioned by Us, but is the work of independent contractors. These contractors are not employees, workers, agents or partners of Wise and they do not hold themselves out as one. The information and content posted by these independent contractors have not been verified or approved by Us. The views expressed by these independent contractors on currencylive.com do not represent our views.