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Pound Euro (GBP/EUR) Exchange Rate Narrows amid Mixed UK GDP Analysis

June 14, 2023 – Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Narrows amid Mixed UK GDP Analysis

The Pound Euro (GBP/EUR) exchange rate traded within narrow boundaries during Wednesday’s session, following the latest UK GDP data.

At the time of writing, GBP/EUR traded at around €1.170, showing little deviation from Wednesday’s opening rates.

Pound (GBP) Firms amid UK GDP Expansion

The Pound (GBP) firmed during the early European session, following the publication of the latest UK GDP data for April.

On a monthly basis, the UK economy grew by 0.2% in April. This has…
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