{"id":118748,"date":"2025-01-08T15:53:01","date_gmt":"2025-01-08T15:53:01","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=118748"},"modified":"2025-01-18T19:00:20","modified_gmt":"2025-01-18T19:00:20","slug":"109405-gbp-eur-pair-falls-below-e1-20","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109405-gbp-eur-pair-falls-below-e1-20\/","title":{"rendered":"GBP\/EUR: Pair falls below \u20ac1.20"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is falling sharply, dropping to a 6 week low.<\/p>\n<p>The pound has tumbled despite surging Gilts, suggesting that the market is worried about the perilous fiscal outlook for the UK.<\/p>\n<p>UK construction PMI\u00a0 also slowed to a six-month low, falling to 53.3 in December from 55.2 in November.<\/p>\n<p><a href=\"https:\/\/currencylive.com\/news\/109404-gbp-eur-euro-rises-despite-weak-german-data\/\">The euro is rising despite weak German data.\u00a0<\/a>German factory orders slumped -5.4% MoM as a recovery in the sector still looks a long way off.<\/p>\n<p>German retail sales were also weaker than forecast falling -0.6% MoM, below the 0.5% rise forecast.<\/p>\n<p>Elsewhere, Eurozone economic sentiment fell to its lowest level in over a year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is falling sharply, dropping to a 6 week low. The pound has tumbled despite surging Gilts, suggesting that the market is worried about the perilous fiscal outlook for the UK. UK construction PMI\u00a0 also slowed to a six-month low, falling to 53.3 in December from 55.2 in November. The [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5591,"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":["post-118748","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-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 falls below \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\/109405-gbp-eur-pair-falls-below-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\\\/109405-gbp-eur-pair-falls-below-e1-20\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109405-gbp-eur-pair-falls-below-e1-20\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls below \u20ac1.20\",\"datePublished\":\"2025-01-08T15:53:01+00:00\",\"dateModified\":\"2025-01-18T19:00:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109405-gbp-eur-pair-falls-below-e1-20\\\/\"},\"wordCount\":111,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109405-gbp-eur-pair-falls-below-e1-20\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100636-gbp-eur-pound-drops-brexit-plan.jpg\",\"keywords\":[\"eur\",\"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\\\/109405-gbp-eur-pair-falls-below-e1-20\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109405-gbp-eur-pair-falls-below-e1-20\\\/\",\"name\":\"GBP\\\/EUR: Pair falls below \u20ac1.20 - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109405-gbp-eur-pair-falls-below-e1-20\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109405-gbp-eur-pair-falls-below-e1-20\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100636-gbp-eur-pound-drops-brexit-plan.jpg\",\"datePublished\":\"2025-01-08T15:53:01+00:00\",\"dateModified\":\"2025-01-18T19:00:20+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109405-gbp-eur-pair-falls-below-e1-20\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/109405-gbp-eur-pair-falls-below-e1-20\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109405-gbp-eur-pair-falls-below-e1-20\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100636-gbp-eur-pound-drops-brexit-plan.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100636-gbp-eur-pound-drops-brexit-plan.jpg\",\"width\":1200,\"height\":675,\"caption\":\"gbp-british-pound-coins - GBP\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109405-gbp-eur-pair-falls-below-e1-20\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GBP\\\/EUR: Pair falls below \u20ac1.20\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\",\"name\":\"Ileana Ionescu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g\",\"caption\":\"Ileana Ionescu\"},\"description\":\"With a background in business journalism, Ileana works as a Junior Market Analyst for Currency Live and creates content that brings transparency to our audience. Originally from Bucharest, Ileana most commonly transfers EUR to RON and speaks Romanian, English, Italian, Spanish and German.\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/ileana-ionescu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GBP\/EUR: Pair falls below \u20ac1.20 - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/109405-gbp-eur-pair-falls-below-e1-20\/","twitter_misc":{"Written by":"Ileana Ionescu","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/109405-gbp-eur-pair-falls-below-e1-20\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/109405-gbp-eur-pair-falls-below-e1-20\/"},"author":{"name":"Ileana Ionescu","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b"},"headline":"GBP\/EUR: Pair falls below \u20ac1.20","datePublished":"2025-01-08T15:53:01+00:00","dateModified":"2025-01-18T19:00:20+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/109405-gbp-eur-pair-falls-below-e1-20\/"},"wordCount":111,"image":{"@id":"https:\/\/currencylive.com\/news\/109405-gbp-eur-pair-falls-below-e1-20\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100636-gbp-eur-pound-drops-brexit-plan.jpg","keywords":["eur","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\/109405-gbp-eur-pair-falls-below-e1-20\/","url":"https:\/\/currencylive.com\/news\/109405-gbp-eur-pair-falls-below-e1-20\/","name":"GBP\/EUR: Pair falls below \u20ac1.20 - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/109405-gbp-eur-pair-falls-below-e1-20\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/109405-gbp-eur-pair-falls-below-e1-20\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100636-gbp-eur-pound-drops-brexit-plan.jpg","datePublished":"2025-01-08T15:53:01+00:00","dateModified":"2025-01-18T19:00:20+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/109405-gbp-eur-pair-falls-below-e1-20\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/109405-gbp-eur-pair-falls-below-e1-20\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/109405-gbp-eur-pair-falls-below-e1-20\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100636-gbp-eur-pound-drops-brexit-plan.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100636-gbp-eur-pound-drops-brexit-plan.jpg","width":1200,"height":675,"caption":"gbp-british-pound-coins - GBP"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/109405-gbp-eur-pair-falls-below-e1-20\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"GBP\/EUR: Pair falls below \u20ac1.20"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b","name":"Ileana Ionescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","caption":"Ileana Ionescu"},"description":"With a background in business journalism, Ileana works as a Junior Market Analyst for Currency Live and creates content that brings transparency to our audience. Originally from Bucharest, Ileana most commonly transfers EUR to RON and speaks Romanian, English, Italian, Spanish and German.","url":"https:\/\/currencylive.com\/news\/author\/ileana-ionescu\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100636-gbp-eur-pound-drops-brexit-plan.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/118748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946598"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=118748"}],"version-history":[{"count":1,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/118748\/revisions"}],"predecessor-version":[{"id":118749,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/118748\/revisions\/118749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/5591"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=118748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=118748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=118748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}