{"id":120209,"date":"2026-01-08T19:15:31","date_gmt":"2026-01-08T19:15:31","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=120209"},"modified":"2026-01-08T18:49:56","modified_gmt":"2026-01-08T18:49:56","slug":"109927-gbp-eur-pair-rises-towards-e1-1550-3","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109927-gbp-eur-pair-rises-towards-e1-1550-3\/","title":{"rendered":"GBP\/EUR: Pair rises towards \u20ac1.1550"},"content":{"rendered":"

The pound euro (GBP\/EUR<\/a>) exchange rate is rising after yesterday\u2019s losses.<\/p>\n

The pound is rising against the euro but weakening versus the US dollar after data showed UK consumers prioritised festive food spending while remaining cautious on clothing and gifts.<\/p>\n

Solid December food sales offered some relief for retailers, though fragile confidence, stubborn inflation, and rising unemployment mean the outlook for 2026 is cautious.<\/p>\n

The euro is under pressure after mixed eurozone data.<\/a> Unemployment ticked lower to 6.3%, but consumer and business sentiment also remained weak.<\/p>\n

Economic sentiment fell to 96.7 in December, down from 97.1.<\/p>\n

Consumer confidence improved modestly but remained depressed by historic standards at -13.1, up from -14.6.<\/p>\n

Eurozone retail sales data due tomorrow.<\/p>\n","protected":false},"excerpt":{"rendered":"

The pound euro (GBP\/EUR) exchange rate is rising after yesterday\u2019s losses. The pound is rising against the euro but weakening versus the US dollar after data showed UK consumers prioritised festive food spending while remaining cautious on clothing and gifts. Solid December food sales offered some relief for retailers, though fragile confidence, stubborn inflation, and […]<\/p>\n","protected":false},"author":163946597,"featured_media":4640,"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-120209","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":"\nGBP\/EUR: Pair rises towards \u20ac1.1550 - 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\/109927-gbp-eur-pair-rises-towards-e1-1550-3\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\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\\\/109927-gbp-eur-pair-rises-towards-e1-1550-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109927-gbp-eur-pair-rises-towards-e1-1550-3\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/EUR: Pair rises towards \u20ac1.1550\",\"datePublished\":\"2026-01-08T19:15:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109927-gbp-eur-pair-rises-towards-e1-1550-3\\\/\"},\"wordCount\":120,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109927-gbp-eur-pair-rises-towards-e1-1550-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100515-gbp-eur-ecb-address-qe-end.jpg\",\"keywords\":[\"eur\",\"eur\\\/gbp\",\"gbp\",\"gbp\\\/eur\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109927-gbp-eur-pair-rises-towards-e1-1550-3\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109927-gbp-eur-pair-rises-towards-e1-1550-3\\\/\",\"name\":\"GBP\\\/EUR: Pair rises towards \u20ac1.1550 - 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