{"id":111081,"date":"2021-11-12T07:30:58","date_gmt":"2021-11-12T07:30:58","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=111081"},"modified":"2021-11-12T06:06:04","modified_gmt":"2021-11-12T06:06:04","slug":"105980-gbp-eur-pound-edges-towards-e1-17-ez-industrial-production-due","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105980-gbp-eur-pound-edges-towards-e1-17-ez-industrial-production-due\/","title":{"rendered":"GBP\/EUR: Pound Edges Towards \u20ac1.17, EZ Industrial Production Due"},"content":{"rendered":"<p>The Pound Euro (<a href=\"https:\/\/currencylive.com\/exchange-rate\/gbp-to-eur-exchange-rate-today\/\">GBP\/EUR<\/a>) exchange rate is creeping a few pips higher after a flat finish on Thursday and an <a href=\"https:\/\/currencylive.com\/news\/105980-gbp-eur-pair-set-for-a-flat-week\/\">expected flat finish to the week.<\/a><\/p>\n<p>The Pound came under pressure after weaker than forecast UK GDP data. The UK economy grew at 1.3%, less than the 1.5% forecast and down from 5.5% in Q2.<\/p>\n<p>The UK is the slowest recovering nation in the G7 in the race back to pre-pandemic size.<\/p>\n<p>The Euro was facing its own headwinds amid a stronger US Dollar after US inflation data and as EU \u2013 Belarus relations deteriorate. The EU is considering sanctions on Belarus for a migrant crisis. However, Belarus threated to cut gas supply.<\/p>\n<p>Eurozone industrial production data is due to slow a slower contraction in September of -0.5%,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Pound Euro (GBP\/EUR) exchange rate is creeping a few pips higher after a flat finish on Thursday and an expected flat finish to the week. The Pound came under pressure after weaker than forecast UK GDP data. The UK economy grew at 1.3%, less than the 1.5% forecast and down from 5.5% in Q2. [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":4846,"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":["post-111081","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/EUR: Pound Edges Towards \u20ac1.17, EZ Industrial Production Due - 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\/105980-gbp-eur-pound-edges-towards-e1-17-ez-industrial-production-due\/\" \/>\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\\\/105980-gbp-eur-pound-edges-towards-e1-17-ez-industrial-production-due\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105980-gbp-eur-pound-edges-towards-e1-17-ez-industrial-production-due\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pound Edges Towards \u20ac1.17, EZ Industrial Production Due\",\"datePublished\":\"2021-11-12T07:30:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105980-gbp-eur-pound-edges-towards-e1-17-ez-industrial-production-due\\\/\"},\"wordCount\":134,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105980-gbp-eur-pound-edges-towards-e1-17-ez-industrial-production-due\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100627-gbp-eur-weak-manufacturing-data.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\\\/105980-gbp-eur-pound-edges-towards-e1-17-ez-industrial-production-due\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105980-gbp-eur-pound-edges-towards-e1-17-ez-industrial-production-due\\\/\",\"name\":\"GBP\\\/EUR: Pound Edges Towards \u20ac1.17, EZ Industrial Production Due - 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