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Pound Euro (GBP/EUR) Exchange Rate Strengthens amid Upbeat Service Sector Index

March 24, 2023 – Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Strengthens amid Upbeat Service Sector Index

The Pound Euro (GBP/EUR) exchange rate strengthened on Friday, following the release of the latest private sector indexes for the UK. While below forecast, they pointed to consistent growth in the UK’s services sector.

At the time of writing, GBP/EUR traded at around €1.1376, a rise of roughly 0.3% from Friday’s morning rates.

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