{"id":118478,"date":"2024-10-19T15:15:03","date_gmt":"2024-10-19T14:15:03","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=118478"},"modified":"2024-10-21T15:24:52","modified_gmt":"2024-10-21T14:24:52","slug":"109300-gbp-eur-pair-ends-the-week-at-e1-20","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109300-gbp-eur-pair-ends-the-week-at-e1-20\/","title":{"rendered":"GBP\/EUR: Pair ends the week at \u20ac1.20"},"content":{"rendered":"<p>The pound-euro (<a href=\"https:\/\/currencylive.com\/exchange-rate\/gbp-to-eur-exchange-rate-today\/\">GBP\/EUR<\/a>) exchange rate remained unchanged at \u20ac1.20 on Friday but gained throughout the week.<\/p>\n<p>The pound was flat on Friday despite <a href=\"https:\/\/currencylive.com\/news\/gbp-eur-pound-unchanged-after-retail-sales-rise\/\">UK retail sales unexpectedly rising<\/a> by 0.3% MoM in September, defying expectations of a fall of -0.1%.<\/p>\n<p>Consumers kept spending as wage growth outpaced inflation and despite confidence falling ahead of the Chancellor&#8217;s Budget on October 30th.<\/p>\n<p>The euro was unchanged on Friday after a steep decline on Thursday after the ECB cut rates by 25 basis points to 3.25%. The market expects the ECB to continue cutting rates heading into 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound-euro (GBP\/EUR) exchange rate remained unchanged at \u20ac1.20 on Friday but gained throughout the week. The pound was flat on Friday despite UK retail sales unexpectedly rising by 0.3% MoM in September, defying expectations of a fall of -0.1%. Consumers kept spending as wage growth outpaced inflation and despite confidence falling ahead of the [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":4988,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[3493,1395,1394,2410],"class_list":["post-118478","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eir-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 ends the week at \u20ac1.20 - 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\/109300-gbp-eur-pair-ends-the-week-at-e1-20\/\" \/>\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\\\/109300-gbp-eur-pair-ends-the-week-at-e1-20\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109300-gbp-eur-pair-ends-the-week-at-e1-20\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair ends the week at \u20ac1.20\",\"datePublished\":\"2024-10-19T14:15:03+00:00\",\"dateModified\":\"2024-10-21T14:24:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109300-gbp-eur-pair-ends-the-week-at-e1-20\\\/\"},\"wordCount\":98,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109300-gbp-eur-pair-ends-the-week-at-e1-20\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100704-gbp-usd-us-gdp-data.jpg\",\"keywords\":[\"eir\\\/gbp\",\"eur\",\"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\\\/109300-gbp-eur-pair-ends-the-week-at-e1-20\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109300-gbp-eur-pair-ends-the-week-at-e1-20\\\/\",\"name\":\"GBP\\\/EUR: Pair ends the week at \u20ac1.20 - 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