{"id":118735,"date":"2025-01-06T15:19:24","date_gmt":"2025-01-06T15:19:24","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=118735"},"modified":"2025-01-06T15:24:21","modified_gmt":"2025-01-06T15:24:21","slug":"109301-gbp-eur-pair-falls-below-1-2050","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109301-gbp-eur-pair-falls-below-1-2050\/","title":{"rendered":"GBP\/EUR: Pair falls below \u20ac1.2050"},"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 falling, extending last week&#8217;s losses.<\/p>\n<p>The pound is under pressure after the CBI survey showed that <a href=\"https:\/\/currencylive.com\/news\/109300-gbp-eur-pound-falls-after-business-confidence-falls\/\">UK business confidence has fallen to its lowest level in\u00a0 2 years<\/a> following the Budget.<\/p>\n<p>The UK services PMI was also downwardly revised to 51.1 from 51.4 in the preliminary reading.<\/p>\n<p>The euro is rising amid reports that the Trump administration could consider less aggressive trade tariffs.<\/p>\n<p>Eurozone composite PMI was upwardly revised to 49.6 up from 49.5 owing to stronger service sector growth.<\/p>\n<p>German inflation was hotter than expected at 2.6% up from 2.2% in November.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is falling, extending last week&#8217;s losses. The pound is under pressure after the CBI survey showed that UK business confidence has fallen to its lowest level in\u00a0 2 years following the Budget. The UK services PMI was also downwardly revised to 51.1 from 51.4 in the preliminary reading. The [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5324,"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-118735","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 falls below \u20ac1.2050 - 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\/109301-gbp-eur-pair-falls-below-1-2050\/\" \/>\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\\\/109301-gbp-eur-pair-falls-below-1-2050\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109301-gbp-eur-pair-falls-below-1-2050\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls below \u20ac1.2050\",\"datePublished\":\"2025-01-06T15:19:24+00:00\",\"dateModified\":\"2025-01-06T15:24:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109301-gbp-eur-pair-falls-below-1-2050\\\/\"},\"wordCount\":99,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109301-gbp-eur-pair-falls-below-1-2050\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100880-gbp-eur-uk-service-sector-pmi.jpg\",\"keywords\":[\"eur\",\"eur\\\/gbp\",\"gbp\",\"gbp\\\/eur\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109301-gbp-eur-pair-falls-below-1-2050\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109301-gbp-eur-pair-falls-below-1-2050\\\/\",\"name\":\"GBP\\\/EUR: Pair falls below \u20ac1.2050 - 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