{"id":117910,"date":"2024-06-17T15:50:56","date_gmt":"2024-06-17T14:50:56","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=117910"},"modified":"2024-06-17T15:36:16","modified_gmt":"2024-06-17T14:36:16","slug":"109128-gbp-eur-pair-falls-below-e1-1850","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109128-gbp-eur-pair-falls-below-e1-1850\/","title":{"rendered":"GBP\/EUR: Pair falls below \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 is falling after 5 weeks of gains.<\/p>\n<p>The pound is under pressure ahead of <a href=\"https:\/\/currencylive.com\/news\/107127-gbp-eur-pound-falls-ahead-of-inflation-data-boe-rate-meeting-this-week\/\">inflation data and the Bank of England rate decision<\/a> later this week.<\/p>\n<p>The UK CPI is expected to cool to 2% YoY in May, down from 2.3% in April. However, the BoE is not expected to cut rates, although it could prepare the market for an April cut.<\/p>\n<p>The euro is rising after steep losses last week, but political uncertainty could continue to limit the upside.<\/p>\n<p>The euro is finding some support from Eurozone Q1 wage growth that was stronger than expected at 5.1%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is falling after 5 weeks of gains. The pound is under pressure ahead of inflation data and the Bank of England rate decision later this week. The UK CPI is expected to cool to 2% YoY in May, down from 2.3% in April. However, the BoE is not expected [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":4728,"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-117910","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 falls below \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\/109128-gbp-eur-pair-falls-below-e1-1850\/\" \/>\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\\\/109128-gbp-eur-pair-falls-below-e1-1850\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109128-gbp-eur-pair-falls-below-e1-1850\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls below \u20ac1.1850\",\"datePublished\":\"2024-06-17T14:50:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109128-gbp-eur-pair-falls-below-e1-1850\\\/\"},\"wordCount\":106,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109128-gbp-eur-pair-falls-below-e1-1850\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100566-gbp-usd-uk-wages-and-inflation.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\\\/109128-gbp-eur-pair-falls-below-e1-1850\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109128-gbp-eur-pair-falls-below-e1-1850\\\/\",\"name\":\"GBP\\\/EUR: Pair falls below \u20ac1.1850 - 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