Pound Serling Slides Against Euro on US Equity Selloff, GBP/EUR Nears 1.18

Pound Serling Slides Against Euro on US Equity Selloff, GBP/EUR Nears 1.18

March 11, 2025 – Written by David Woodsmith

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Pound Sterling (GBP) edged lower against the Euro (EUR) and US Dollar (USD) on Monday as stronger-than-expected German industrial production figures bolstered the single currency.

At the time of writing, the Pound to Euro exchange rate (GBP/EUR) traded at €1.1894, down around 0.2% from the session’s opening levels.

The Euro extended its recent winning streak on Monday,…
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