FX Guys

Pound to Euro (GBP/EUR) Exchange Rate Muted despite Upbeat German Data

January 28, 2025 – Written by Frank Davies

The Pound Sterling was trapped in a narrow range against the Euro on Monday despite the release of some better-than-expected German data.

At the time of writing, the GBP/EUR exchange rate was trading at around €1.1889, virtually unchanged from Monday’s opening levels.

Although flat against the Pound (GBP), the Euro (EUR) gained ground against several of its counterparts on Monday following…
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