{"id":112555,"date":"2022-06-13T07:30:45","date_gmt":"2022-06-13T06:30:45","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=112555"},"modified":"2022-06-13T05:38:18","modified_gmt":"2022-06-13T04:38:18","slug":"107125-gbp-eur-9-pound-rises-above-117","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107125-gbp-eur-9-pound-rises-above-117\/","title":{"rendered":"GBP\/EUR: Pound Rises Above \u20ac1.17"},"content":{"rendered":"

The Pound Euro (GBP\/EUR<\/a>) exchange rate is advancing at the start of the week, adding to gains last week.<\/p>\n

The pound rose against the euro last week after Prime Minister Boris Johnson won a vote of no confidence, albeit my a small margin.<\/p>\n

This is a busy week for the pound with the BoE rate announcement, unemployment data and today’s GDP reading<\/a>. Expectations are for economic growth of 0.1% in April after a 0.1% contraction in March.<\/p>\n

The euro fell last week after the ECB signaled to a rate rise in July but slashed the GDP forecast while raising the inflation outlook.<\/p>\n

USD strength last week also dragged the euro lower. The euro often trades inversely to the greenback.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Pound Euro (GBP\/EUR) exchange rate is advancing at the start of the week, adding to gains last week. The pound rose against the euro last week after Prime Minister Boris Johnson won a vote of no confidence, albeit my a small margin. This is a busy week for the pound with the BoE rate […]<\/p>\n","protected":false},"author":163946598,"featured_media":5591,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":["post-112555","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\nGBP\/EUR: Pound Rises Above \u20ac1.17 - 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\/107125-gbp-eur-9-pound-rises-above-117\/\" \/>\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\\\/107125-gbp-eur-9-pound-rises-above-117\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107125-gbp-eur-9-pound-rises-above-117\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pound Rises Above \u20ac1.17\",\"datePublished\":\"2022-06-13T06:30:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107125-gbp-eur-9-pound-rises-above-117\\\/\"},\"wordCount\":123,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107125-gbp-eur-9-pound-rises-above-117\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100636-gbp-eur-pound-drops-brexit-plan.jpg\",\"keywords\":[\"eur\",\"gbp\",\"gbp\\\/eur\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107125-gbp-eur-9-pound-rises-above-117\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107125-gbp-eur-9-pound-rises-above-117\\\/\",\"name\":\"GBP\\\/EUR: Pound Rises Above \u20ac1.17 - 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