FX Guys

GBP to EUR Exchange Rate Outlook: Pound-Euro Ticks Up following UK Inflation

November 21, 2024 – Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate edged up on Wednesday following the publication of the UK’s latest consumer price index (CPI).

At the time of writing, the GBP/EUR was trading at around €1.2007, up roughly 0.3% from Wednesday’s opening levels.

The Pound (GBP) experienced a modest rally against most of its counterparts on Wednesday, following the release of the…
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