{"id":118683,"date":"2024-12-09T15:02:07","date_gmt":"2024-12-09T15:02:07","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=118683"},"modified":"2024-12-10T12:43:46","modified_gmt":"2024-12-10T12:43:46","slug":"gbp-eur-pair-rises-towards-e1-21-3","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/gbp-eur-pair-rises-towards-e1-21-3\/","title":{"rendered":"GBP\/EUR: Pair rises towards \u20ac1.21"},"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 rising, adding to last week&#8217;s gains.<\/p>\n<p>The euro fell after <a href=\"https:\/\/currencylive.com\/news\/109384-gbp-eur-euro-falls-as-confidence-deteriorates\/\">Sentix investor confidence<\/a> fell to -17.5, a 13-month low, from -12.8. The deteriorating sentiment comes amid a weaker economic outlook and political uncertainty in France and Germany.<\/p>\n<p>The ECB rate decision is on Thursday. The ECB is set to cut rates by 25 basis points to 3%.<\/p>\n<p>The pound is rising, but gains could be limited as demand for UK workers collapsed last month following the Labour government&#8217;s first budget.<\/p>\n<p>The REC &amp; KPMG index dropped to 43.9, a historic low last seen in the pandemic, the global financial crisis after the September 2001 terrorist attack.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is rising, adding to last week&#8217;s gains. The euro fell after Sentix investor confidence fell to -17.5, a 13-month low, from -12.8. The deteriorating sentiment comes amid a weaker economic outlook and political uncertainty in France and Germany. The ECB rate decision is on Thursday. The ECB is set [&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":[3767,1395,1394,2410],"class_list":["post-118683","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eiur-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 rises towards \u20ac1.21 - 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-rises-towards-e1-21-3\/\" \/>\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-rises-towards-e1-21-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-rises-towards-e1-21-3\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises towards \u20ac1.21\",\"datePublished\":\"2024-12-09T15:02:07+00:00\",\"dateModified\":\"2024-12-10T12:43:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-rises-towards-e1-21-3\\\/\"},\"wordCount\":116,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-rises-towards-e1-21-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100515-gbp-eur-ecb-address-qe-end.jpg\",\"keywords\":[\"eiur\\\/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\\\/gbp-eur-pair-rises-towards-e1-21-3\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-rises-towards-e1-21-3\\\/\",\"name\":\"GBP\\\/EUR: Pair rises towards \u20ac1.21 - 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