{"id":118193,"date":"2024-08-27T20:45:33","date_gmt":"2024-08-27T19:45:33","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=118193"},"modified":"2024-08-28T18:06:58","modified_gmt":"2024-08-28T17:06:58","slug":"109215-gbp-eur-pair-rises-above-e1-1850","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109215-gbp-eur-pair-rises-above-e1-1850\/","title":{"rendered":"GBP\/EUR: Pair rises above \u20ac1.1850"},"content":{"rendered":"<p>The pound euro (<a href=\"https:\/\/currencylive.com\/exchange-rate\/1000-eur-to-gbp-exchange-rate-today\/\">GBP\/EUR<\/a>) exchange rate is rising for a fifth straight day.<\/p>\n<p>The pound is gaining after<a href=\"https:\/\/currencylive.com\/news\/109214-gbp-eur-pound-after-pm-starmer-speaks\/\"> PM Kier Starmer warned of a difficult Autumn Budget<\/a>, paving the way for tax hikes to fill a \u00a322 billion black hole.<\/p>\n<p>On Friday, BoE Governor Andrew Bailey said that rates would need to remain restrictive for longer. The market sees the next rate cut in November.<\/p>\n<p>The euro is falling after German GDP data showed a -0.1% contraction in Q2. GFK consumer confidence is set to fall in September to -22 from -18.6, amid rising concerns over the health of the jobs market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is rising for a fifth straight day. The pound is gaining after PM Kier Starmer warned of a difficult Autumn Budget, paving the way for tax hikes to fill a \u00a322 billion black hole. On Friday, BoE Governor Andrew Bailey said that rates would need to remain restrictive for [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":4279,"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-118193","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 above \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\/109215-gbp-eur-pair-rises-above-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\\\/109215-gbp-eur-pair-rises-above-e1-1850\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109215-gbp-eur-pair-rises-above-e1-1850\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises above \u20ac1.1850\",\"datePublished\":\"2024-08-27T19:45:33+00:00\",\"dateModified\":\"2024-08-28T17:06:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109215-gbp-eur-pair-rises-above-e1-1850\\\/\"},\"wordCount\":107,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109215-gbp-eur-pair-rises-above-e1-1850\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100327-gbp-eur-uk-gdp-boost.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\\\/109215-gbp-eur-pair-rises-above-e1-1850\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109215-gbp-eur-pair-rises-above-e1-1850\\\/\",\"name\":\"GBP\\\/EUR: Pair rises above \u20ac1.1850 - 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