{"id":117872,"date":"2024-06-10T15:30:25","date_gmt":"2024-06-10T14:30:25","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=117872"},"modified":"2024-06-10T15:31:46","modified_gmt":"2024-06-10T14:31:46","slug":"109117-gbp-eur-pair-rises-towards-e1-1850-2","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109117-gbp-eur-pair-rises-towards-e1-1850-2\/","title":{"rendered":"GBP\/EUR: Pair rises towards \u20ac1.1850"},"content":{"rendered":"<p>The pound euro (<a href=\"https:\/\/currencylive.com\/exchange-rate\/1000-gbp-to-eur-exchange-rate-today\/\">GBP\/EUR<\/a>) exchange rate has risen towards \u20ac1.1850, its highest level since August 2022.<\/p>\n<p>The euro has slumped after the <a href=\"https:\/\/currencylive.com\/news\/109116-gbp-eur-euro-slumps-as-macron-calls-a-surprise-election\/\">European elections at the weekend<\/a>, which resulted in a snap election in France, creating political uncertainty.<\/p>\n<p>This comes after the ECB cut interest rates last week for the first time in 5 years but failed to commit to a path for future rate cuts.<\/p>\n<p>The pound is drifting higher amid a lack of fresh catalysts. The economic calendar is quiet and the BoE officials have canceled speeches until after the election.<\/p>\n<p>UK jobs data is due tomorrow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate has risen towards \u20ac1.1850, its highest level since August 2022. The euro has slumped after the European elections at the weekend, which resulted in a snap election in France, creating political uncertainty. This comes after the ECB cut interest rates last week for the first time in 5 years [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":4640,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,2649,1394,2410],"class_list":["post-117872","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-eur-gbp","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 \u20ac1.1850 - 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\/109117-gbp-eur-pair-rises-towards-e1-1850-2\/\" \/>\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\\\/109117-gbp-eur-pair-rises-towards-e1-1850-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109117-gbp-eur-pair-rises-towards-e1-1850-2\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises towards \u20ac1.1850\",\"datePublished\":\"2024-06-10T14:30:25+00:00\",\"dateModified\":\"2024-06-10T14:31:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109117-gbp-eur-pair-rises-towards-e1-1850-2\\\/\"},\"wordCount\":102,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109117-gbp-eur-pair-rises-towards-e1-1850-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100515-gbp-eur-ecb-address-qe-end.jpg\",\"keywords\":[\"eur\",\"eur\\\/gbp\",\"gbp\",\"gbp\\\/eur\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109117-gbp-eur-pair-rises-towards-e1-1850-2\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109117-gbp-eur-pair-rises-towards-e1-1850-2\\\/\",\"name\":\"GBP\\\/EUR: Pair rises towards \u20ac1.1850 - 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