{"id":112945,"date":"2022-08-23T08:56:03","date_gmt":"2022-08-23T07:56:03","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=112945"},"modified":"2022-08-23T09:00:36","modified_gmt":"2022-08-23T08:00:36","slug":"107228-gbp-eur-rises-towards-1-1850","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107228-gbp-eur-rises-towards-1-1850\/","title":{"rendered":"GBP\/EUR rises towards 1.1850"},"content":{"rendered":"

The pound euro (GBP\/EUR<\/a>) exchange rate is rising for a second straight day.<\/p>\n

The euro trades under pressure as the energy crisis in the region deepens after Russia said it would cut supply via the Nord Stream 1 pipeline for 3 days.<\/p>\n

Eurozone PMI data is due<\/a> and is expected to show a deeper contraction in business activity with the composite PMI expected to fall to 48.8 in August down from 49.9.<\/p>\n

The pound is rising against the euro but is weaker versus the USD as the UK economic outlook deteriorates.<\/p>\n

UK PMI data is expected to show some resilience holding above the level 50 which separates expansion from contraction.<\/p>\n","protected":false},"excerpt":{"rendered":"

The pound euro (GBP\/EUR) exchange rate is rising for a second straight day. The euro trades under pressure as the energy crisis in the region deepens after Russia said it would cut supply via the Nord Stream 1 pipeline for 3 days. Eurozone PMI data is due and is expected to show a deeper contraction […]<\/p>\n","protected":false},"author":163946598,"featured_media":5460,"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-112945","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 rises towards 1.1850 - 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\/107228-gbp-eur-rises-towards-1-1850\/\" \/>\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\\\/107228-gbp-eur-rises-towards-1-1850\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107228-gbp-eur-rises-towards-1-1850\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR rises towards 1.1850\",\"datePublished\":\"2022-08-23T07:56:03+00:00\",\"dateModified\":\"2022-08-23T08:00:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107228-gbp-eur-rises-towards-1-1850\\\/\"},\"wordCount\":110,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107228-gbp-eur-rises-towards-1-1850\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100954-gbp-eur-euro-slips-eurozone-data.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\\\/107228-gbp-eur-rises-towards-1-1850\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107228-gbp-eur-rises-towards-1-1850\\\/\",\"name\":\"GBP\\\/EUR rises towards 1.1850 - 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