{"id":112956,"date":"2022-08-24T09:50:17","date_gmt":"2022-08-24T08:50:17","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=112956"},"modified":"2022-08-24T09:45:02","modified_gmt":"2022-08-24T08:45:02","slug":"107229-gbp-eur-the-pair-rises-towards-1-19","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107229-gbp-eur-the-pair-rises-towards-1-19\/","title":{"rendered":"GBP\/EUR: The pair rises towards 1.19"},"content":{"rendered":"<p>The pound euro exchange rate continues to rise on Wednesday, marking the third straight day of gains.<\/p>\n<p>The euro fell yesterday after the PMI showed a contraction again in August, falling to 49.2, from 49.9.<\/p>\n<p>Economists also warn that the impact of the Russian war on Germany could last for years, reviving <a href=\"https:\/\/currencylive.com\/news\/107228-gbp-eur-eur-remains-weak-as-recession-fears-linger\/\">recession fears<\/a>.<\/p>\n<p>UK PMI data showed that the dominant service sector continue to grow, albeit at a slower pace in August. The manufacturing sector PMI slumped to 46 in August, down from 52.1 in July.<\/p>\n<p>There is no high impacting UK data today, so sentiment will drive trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro exchange rate continues to rise on Wednesday, marking the third straight day of gains. The euro fell yesterday after the PMI showed a contraction again in August, falling to 49.2, from 49.9. Economists also warn that the impact of the Russian war on Germany could last for years, reviving recession fears. UK [&hellip;]<\/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":[],"class_list":["post-112956","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp"],"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: The pair rises towards 1.19 - 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\/107229-gbp-eur-the-pair-rises-towards-1-19\/\" \/>\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\\\/107229-gbp-eur-the-pair-rises-towards-1-19\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107229-gbp-eur-the-pair-rises-towards-1-19\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: The pair rises towards 1.19\",\"datePublished\":\"2022-08-24T08:50:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107229-gbp-eur-the-pair-rises-towards-1-19\\\/\"},\"wordCount\":102,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107229-gbp-eur-the-pair-rises-towards-1-19\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100636-gbp-eur-pound-drops-brexit-plan.jpg\",\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107229-gbp-eur-the-pair-rises-towards-1-19\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107229-gbp-eur-the-pair-rises-towards-1-19\\\/\",\"name\":\"GBP\\\/EUR: The pair rises towards 1.19 - 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