{"id":113488,"date":"2022-11-29T09:30:12","date_gmt":"2022-11-29T09:30:12","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=113488"},"modified":"2022-12-05T14:38:24","modified_gmt":"2022-12-05T14:38:24","slug":"107349-gbp-eur-pair-rises-towards-e1-16","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107349-gbp-eur-pair-rises-towards-e1-16\/","title":{"rendered":"GBP\/EUR: Pair rises towards \u20ac1.16"},"content":{"rendered":"<p>After three days of losses, the pound euro exchange rate (GBP\/EUR) is pushing higher towards \u20ac1.16.<\/p>\n<p>The euro is falling as investors continue digesting comments from ECB President Lagarde who sees more work to be done to rein in inflation. She also sees growth slowing.<\/p>\n<p><a href=\"https:\/\/currencylive.com\/news\/107348-gbp-eur-euro-pares-gains-ahead-of-german-inflation\/\">German inflation<\/a> is expected to cool from the record high of 11.6% YoY in October to 11.3% in November.<\/p>\n<p>Eurozone consumer confidence data is also due and is expected to confirm the initial -23.9 reading.<\/p>\n<p>The pound is rising in risk on trade and ahead of a speech by BoE&#8217;s Andrew Bailey. His appearance comes as investors price in an 85% chance of a 50-basis point rate hike in December.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After three days of losses, the pound euro exchange rate (GBP\/EUR) is pushing higher towards \u20ac1.16. The euro is falling as investors continue digesting comments from ECB President Lagarde who sees more work to be done to rein in inflation. She also sees growth slowing. German inflation is expected to cool from the record high [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":4323,"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-113488","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: Pair rises 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\/107349-gbp-eur-pair-rises-towards-e1-16\/\" \/>\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\\\/107349-gbp-eur-pair-rises-towards-e1-16\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107349-gbp-eur-pair-rises-towards-e1-16\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises towards \u20ac1.16\",\"datePublished\":\"2022-11-29T09:30:12+00:00\",\"dateModified\":\"2022-12-05T14:38:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107349-gbp-eur-pair-rises-towards-e1-16\\\/\"},\"wordCount\":117,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107349-gbp-eur-pair-rises-towards-e1-16\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100349-gbp-eur-german-political-news.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\\\/107349-gbp-eur-pair-rises-towards-e1-16\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107349-gbp-eur-pair-rises-towards-e1-16\\\/\",\"name\":\"GBP\\\/EUR: Pair rises towards \u20ac1.16 - 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Originally from Bucharest, Ileana most commonly transfers EUR to RON and speaks Romanian, English, Italian, Spanish and German.\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/ileana-ionescu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GBP\/EUR: Pair rises towards \u20ac1.16 - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/107349-gbp-eur-pair-rises-towards-e1-16\/","twitter_misc":{"Written by":"Ileana Ionescu","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/107349-gbp-eur-pair-rises-towards-e1-16\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/107349-gbp-eur-pair-rises-towards-e1-16\/"},"author":{"name":"Ileana Ionescu","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b"},"headline":"GBP\/EUR: Pair rises towards \u20ac1.16","datePublished":"2022-11-29T09:30:12+00:00","dateModified":"2022-12-05T14:38:24+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/107349-gbp-eur-pair-rises-towards-e1-16\/"},"wordCount":117,"image":{"@id":"https:\/\/currencylive.com\/news\/107349-gbp-eur-pair-rises-towards-e1-16\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100349-gbp-eur-german-political-news.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\/107349-gbp-eur-pair-rises-towards-e1-16\/","url":"https:\/\/currencylive.com\/news\/107349-gbp-eur-pair-rises-towards-e1-16\/","name":"GBP\/EUR: Pair rises towards \u20ac1.16 - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/107349-gbp-eur-pair-rises-towards-e1-16\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/107349-gbp-eur-pair-rises-towards-e1-16\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100349-gbp-eur-german-political-news.jpg","datePublished":"2022-11-29T09:30:12+00:00","dateModified":"2022-12-05T14:38:24+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/107349-gbp-eur-pair-rises-towards-e1-16\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/107349-gbp-eur-pair-rises-towards-e1-16\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/107349-gbp-eur-pair-rises-towards-e1-16\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100349-gbp-eur-german-political-news.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100349-gbp-eur-german-political-news.jpg","width":720,"height":400,"caption":"GBP\/EUR: Pound vs. Euro Affected By German Politcal Consessions"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/107349-gbp-eur-pair-rises-towards-e1-16\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"GBP\/EUR: Pair rises towards \u20ac1.16"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b","name":"Ileana Ionescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","caption":"Ileana Ionescu"},"description":"With a background in business journalism, Ileana works as a Junior Market Analyst for Currency Live and creates content that brings transparency to our audience. 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