{"id":109796,"date":"2021-05-05T07:30:09","date_gmt":"2021-05-05T06:30:09","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=109796"},"modified":"2021-05-05T11:57:01","modified_gmt":"2021-05-05T10:57:01","slug":"105641-gbp-eur-5","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105641-gbp-eur-5\/","title":{"rendered":"GBP\/EUR: Pair Looks Towards \u20ac1.16"},"content":{"rendered":"

The Pound Euro (GBP\/EUR<\/a>) exchange rate is pushing higher for a third straight day, boosted by Pound strength and Euro weakness.<\/a><\/p>\n

A 25 year high in manufacturing activity was recorded in April boosting the Pound in the previous session. The manufacturing PMI came in at 60.9, up from the preliminary read of 60.7 and the highest reading since 1994.<\/p>\n

There is no high impacting UK data today. Attention will turn to Thursday\u2019s BoE monetary policy meeting.<\/p>\n

The Euro came under pressure amid a firmer US Dollar on Tuesday. Attention will now turn to the service sector PMI data. Expectations are for a return to a slight expansion in April after months of contraction.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Pound Euro (GBP\/EUR) exchange rate is pushing higher for a third straight day, boosted by Pound strength and Euro weakness. A 25 year high in manufacturing activity was recorded in April boosting the Pound in the previous session. The manufacturing PMI came in at 60.9, up from the preliminary read of 60.7 and the […]<\/p>\n","protected":false},"author":163946598,"featured_media":5174,"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-109796","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: Pair Looks Towards \u20ac1.16 - 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\/105641-gbp-eur-5\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ileana Ionescu\" \/>\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\\\/105641-gbp-eur-5\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105641-gbp-eur-5\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair Looks Towards \u20ac1.16\",\"datePublished\":\"2021-05-05T06:30:09+00:00\",\"dateModified\":\"2021-05-05T10:57:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105641-gbp-eur-5\\\/\"},\"wordCount\":116,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105641-gbp-eur-5\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100802-gbp-eur-pound-shakey-vs-euro.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\\\/105641-gbp-eur-5\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105641-gbp-eur-5\\\/\",\"name\":\"GBP\\\/EUR: Pair Looks Towards \u20ac1.16 - 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