{"id":118539,"date":"2024-11-06T22:30:07","date_gmt":"2024-11-06T22:30:07","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=118539"},"modified":"2024-11-07T15:05:06","modified_gmt":"2024-11-07T15:05:06","slug":"109331-gbp-eur-pair-rises-above-e1-20","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109331-gbp-eur-pair-rises-above-e1-20\/","title":{"rendered":"GBP\/EUR: Pair rises above \u20ac1.20"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate rose for a second day on Wednesday.<\/p>\n<p>The euro fell against its major peers as the USD surged <a href=\"https:\/\/currencylive.com\/news\/109330-gbp-eur-euro-tumbles-as-trump-wins-the-us-election\/\">following Trump&#8217;s win in the US<\/a> election. The euro often trades inverted to the USD.<\/p>\n<p>Concerns over what trade tariff Trump could apply to Europe also weighed on the EUR.<\/p>\n<p>The pound rose versus the EUR but fell against the USD. Attention now turns to the BoE rate decision.<\/p>\n<p>The BoE is expected to cut rates by 25 basis points to 4.75%, marking the second rate cut this cycle.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate rose for a second day on Wednesday. The euro fell against its major peers as the USD surged following Trump&#8217;s win in the US election. The euro often trades inverted to the USD. Concerns over what trade tariff Trump could apply to Europe also weighed on the EUR. The [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5645,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":{"0":"post-118539","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-eur","10":"tag-gbp","11":"tag-gbp-eur"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/EUR: Pair rises above \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\/109331-gbp-eur-pair-rises-above-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\\\/109331-gbp-eur-pair-rises-above-e1-20\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109331-gbp-eur-pair-rises-above-e1-20\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises above \u20ac1.20\",\"datePublished\":\"2024-11-06T22:30:07+00:00\",\"dateModified\":\"2024-11-07T15:05:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109331-gbp-eur-pair-rises-above-e1-20\\\/\"},\"wordCount\":97,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109331-gbp-eur-pair-rises-above-e1-20\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100662-gbp-usd-no-surprise-us-fed.jpg\",\"keywords\":[\"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\\\/109331-gbp-eur-pair-rises-above-e1-20\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109331-gbp-eur-pair-rises-above-e1-20\\\/\",\"name\":\"GBP\\\/EUR: Pair rises above \u20ac1.20 - 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