{"id":107882,"date":"2021-01-20T07:30:25","date_gmt":"2021-01-20T07:30:25","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107882"},"modified":"2021-01-20T06:09:45","modified_gmt":"2021-01-20T06:09:45","slug":"105265-gbp-eur-pound-heads-back-up-towards-e1-1250","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105265-gbp-eur-pound-heads-back-up-towards-e1-1250\/","title":{"rendered":"GBP\/EUR: Pound Heads Back Up Towards \u20ac1.1250"},"content":{"rendered":"

The Pound Euro (GBP\/EUR) exchange rate is pushing northwards on Wednesday.<\/p>\n

The pair picked up off session lows on Tuesday after BoE\u2019s Andy Haldane gave an upbeat assessment of the British economy\u2019s recovery prospects.<\/p>\n

Attention will now turn to UK inflation data,<\/a> which could offer support to the Pound. Expectations are for +0.5% YoY increase, up from +0.3%.<\/p>\n

The Euro also remains well supported in risk on trade and against a weaker US Dollar.<\/p>\n

German Economic Sentiment rose ahead of forecasts suggesting that the outlook for the economy could be improving.<\/p>\n

Eurozone inflation is in focus with disinflation expected to continue with -0.3% year on year decline.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Pound Euro (GBP\/EUR) exchange rate is pushing northwards on Wednesday. The pair picked up off session lows on Tuesday after BoE\u2019s Andy Haldane gave an upbeat assessment of the British economy\u2019s recovery prospects. Attention will now turn to UK inflation data, which could offer support to the Pound. Expectations are for +0.5% YoY increase, […]<\/p>\n","protected":false},"author":163946597,"featured_media":5579,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":{"0":"post-107882","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-eur","10":"tag-gbp","11":"tag-gbp-eur"},"acf":[],"yoast_head":"\nGBP\/EUR: Pound Heads Back Up Towards \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\/105265-gbp-eur-pound-heads-back-up-towards-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\\\/105265-gbp-eur-pound-heads-back-up-towards-e1-1250\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105265-gbp-eur-pound-heads-back-up-towards-e1-1250\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/EUR: Pound Heads Back Up Towards \u20ac1.1250\",\"datePublished\":\"2021-01-20T07:30:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105265-gbp-eur-pound-heads-back-up-towards-e1-1250\\\/\"},\"wordCount\":115,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105265-gbp-eur-pound-heads-back-up-towards-e1-1250\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100629-gbp-usd-fed-and-boe-accouncements.jpg\",\"keywords\":[\"eur\",\"gbp\",\"gbp\\\/eur\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105265-gbp-eur-pound-heads-back-up-towards-e1-1250\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105265-gbp-eur-pound-heads-back-up-towards-e1-1250\\\/\",\"name\":\"GBP\\\/EUR: Pound Heads Back Up Towards \u20ac1.1250 - 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