{"id":120343,"date":"2026-02-03T18:59:13","date_gmt":"2026-02-03T18:59:13","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=120343"},"modified":"2026-03-31T14:28:18","modified_gmt":"2026-03-31T13:28:18","slug":"109968-gbp-eur-pair-holds-steady-below-e1-16","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109968-gbp-eur-pair-holds-steady-below-e1-16\/","title":{"rendered":"GBP\/EUR: Pair holds steady below \u20ac1.16"},"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 holding steady just below \u20ac1.16, a 5-month high.<\/p>\n<p>The pound is flat despite <a href=\"https:\/\/currencylive.com\/news\/109967-gbp-eur-the-pound-holds-at-a-5-month-high-as-grocery-inflation-cools\/\">cooling UK grocery inflation<\/a>. Worldpanel data showed food inflation eased to 4% in late January, the lowest since April.<\/p>\n<p>The data comes ahead of the BoE rate decision on Thursday. Inflation remains elevated at 3.4%, and the BoE is expected to hold rates at 3.75%.<\/p>\n<p>The euro is also little changed as investors await eurozone inflation data and the ECB decision.<\/p>\n<p>French inflation was cooler than expected at 0.4% YoY, down from 0.7%.<\/p>\n<p>The ECB is expected to leave rates unchanged. Some policymakers are wary of the euro&#8217;s strength against the USD, adding deflationary pressures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is holding steady just below \u20ac1.16, a 5-month high. The pound is flat despite cooling UK grocery inflation. Worldpanel data showed food inflation eased to 4% in late January, the lowest since April. The data comes ahead of the BoE rate decision on Thursday. Inflation remains elevated at 3.4%, [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":4872,"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":{"0":"post-120343","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-eur-gbp","11":"tag-gbp","12":"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 holds steady below \u20ac1.16 - 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\/109968-gbp-eur-pair-holds-steady-below-e1-16\/\" \/>\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\\\/109968-gbp-eur-pair-holds-steady-below-e1-16\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109968-gbp-eur-pair-holds-steady-below-e1-16\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair holds steady below \u20ac1.16\",\"datePublished\":\"2026-02-03T18:59:13+00:00\",\"dateModified\":\"2026-03-31T13:28:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109968-gbp-eur-pair-holds-steady-below-e1-16\\\/\"},\"wordCount\":116,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109968-gbp-eur-pair-holds-steady-below-e1-16\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100640-gbp-usd-no-change-from-boe.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\\\/109968-gbp-eur-pair-holds-steady-below-e1-16\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109968-gbp-eur-pair-holds-steady-below-e1-16\\\/\",\"name\":\"GBP\\\/EUR: Pair holds steady below \u20ac1.16 - 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