{"id":106834,"date":"2020-11-25T07:35:42","date_gmt":"2020-11-25T07:35:42","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=106834"},"modified":"2020-11-25T07:36:47","modified_gmt":"2020-11-25T07:36:47","slug":"104891-gbp-eur-pound-slips-below-e1-1250","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104891-gbp-eur-pound-slips-below-e1-1250\/","title":{"rendered":"GBP\/EUR: Pound Drops Below \u20ac1.1250"},"content":{"rendered":"<p>The Pound Euro (GBP\/EUR) exchange rate is edging lower for a second straight day.<\/p>\n<p>Brexit jitters have returned after Michael Gove implied that there was still some work to be done to reach a deal. The clock is ticking.<\/p>\n<p>Attention now turns to the <a href=\"https:\/\/currencylive.com\/news\/104890-gbp-eur-pound-slips-brexit-spending-review-in-focus\/\">Chancellor\u2019s Spending Review<\/a> and particularly the new economic forecasts from the Office of Budget Responsibility. An upward revision to the -13% contraction forecast in March could be on the cards.<\/p>\n<p>Stronger than forecast German data lifted the Euro in the previous session. However, a quiet economic calendar today means risk flows are likely to drive the common currency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Pound Euro (GBP\/EUR) exchange rate is edging lower for a second straight day. Brexit jitters have returned after Michael Gove implied that there was still some work to be done to reach a deal. The clock is ticking. Attention now turns to the Chancellor\u2019s Spending Review and particularly the new economic forecasts from the [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5573,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[],"class_list":{"0":"post-106834","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/EUR: Pound Drops Below \u20ac1.1250 - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/104891-gbp-eur-pound-slips-below-e1-1250\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104891-gbp-eur-pound-slips-below-e1-1250\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104891-gbp-eur-pound-slips-below-e1-1250\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/EUR: Pound Drops Below \u20ac1.1250\",\"datePublished\":\"2020-11-25T07:35:42+00:00\",\"dateModified\":\"2020-11-25T07:36:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104891-gbp-eur-pound-slips-below-e1-1250\\\/\"},\"wordCount\":109,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104891-gbp-eur-pound-slips-below-e1-1250\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100626-gbp-eur-johnson-brexit-rivals-gain.jpg\",\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104891-gbp-eur-pound-slips-below-e1-1250\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104891-gbp-eur-pound-slips-below-e1-1250\\\/\",\"name\":\"GBP\\\/EUR: Pound Drops Below \u20ac1.1250 - 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