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Pound Euro (GBP/EUR) Exchange Rate Rallies as UK Economy Rebounds

March 10, 2023 – Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Rallies as UK Economy Rebounds

The Pound Euro (GBP/EUR) exchange rate rallied on Friday morning, following the news that the UK’s economy had expanded by 0.3% in January.

At the time of writing, GBP/EUR traded at around €1.1323, a rise of roughly 0.5% from Friday’s opening rates.

Pound (GBP) Rallies as UK Economy Rebounds

The Pound (GBP) rallied on Friday morning, following the release of the latest GDP data for the UK. January’s monthly reading printed above economists’ forecasts, showing that the…
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