{"id":117959,"date":"2024-06-26T16:15:38","date_gmt":"2024-06-26T15:15:38","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=117959"},"modified":"2024-06-26T15:56:22","modified_gmt":"2024-06-26T14:56:22","slug":"gbp-eur-pair-inches-higher-towards-e1-1850","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/gbp-eur-pair-inches-higher-towards-e1-1850\/","title":{"rendered":"GBP\/EUR: Pair inches higher 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 is inching higher for a second day on Wednesday.<\/p>\n<p>The euro is falling after <a href=\"https:\/\/currencylive.com\/news\/109139-gbp-eur-euro-falls-after-german-consumer-confidence-falls\/\">German consumer confidence unexpectedly fell<\/a> to -21.6 from -21.<\/p>\n<p>Data earlier in the week showed that the German business climate also deteriorated unexpectedly. Together, the data raises concerns over the recovery in the eurozone&#8217;s largest economy.<\/p>\n<p>Political uncertainty ahead of the French elections this weekend is also hurting the EUR.<\/p>\n<p>The pound is rising despite the CBI retail sales index falling -24 in June owing to poor weather and despite wages growing faster than inflation.<\/p>\n<p>UK elections are to take place on July 4th.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is inching higher for a second day on Wednesday. The euro is falling after German consumer confidence unexpectedly fell to -21.6 from -21. Data earlier in the week showed that the German business climate also deteriorated unexpectedly. Together, the data raises concerns over the recovery in the eurozone&#8217;s largest [&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-117959","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 inches higher 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\/gbp-eur-pair-inches-higher-towards-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\\\/gbp-eur-pair-inches-higher-towards-e1-1850\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-inches-higher-towards-e1-1850\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair inches higher towards \u20ac1.1850\",\"datePublished\":\"2024-06-26T15:15:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-inches-higher-towards-e1-1850\\\/\"},\"wordCount\":111,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-inches-higher-towards-e1-1850\\\/#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\\\/gbp-eur-pair-inches-higher-towards-e1-1850\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-inches-higher-towards-e1-1850\\\/\",\"name\":\"GBP\\\/EUR: Pair inches higher towards \u20ac1.1850 - 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