Click here for market leading GBP EURO exchange rates
GBP vs EUR currency overview for 23rd June 2017
The Euro was on soft form yesterday after the release of the latest European Central Bank (ECB) Economic Bulletin, which delivered news both good and bad.
The Governing Council noted that growth in the currency bloc was firming at an above-forecast pace, but also claimed there were no signs this was translating into inflationary pressures.
Overall, the bulletin concluded that loose monetary stimulus was still necessary, giving markets little reason to change their outlook on the Euro
This update is provided by TorFX, a leading foreign exchange broker. Click here for market leading GBP/EUR exchange rates
GBP/EUR performance, 23rd June 2017
This chart shows how the GBP is performing againt the Euro throughout the day.
The red line shows the opening exchange rate at the start of the day so that you can see if the current exchange rate is above, or below, yesterdays’ rate.
The GBP/EUR exchange rate (1.1358) is lower than todays opening rate, so the Pound is weaker against the Euro compared to yesterday.
The long term chart at the top of this page shows how the GBP/EUR exchange rate has performed over the last few months.
GBP/EUR is scoring 83 (out of 100) on our trend strength indicator, which indicates that this currency pair is likely to be establishing a strong downwards trend.
Todays GBP/EUR exchange rate summary
Highest exchange rate today: 1.1409
Lowest exchange rate today: 1.1352
Opening exchange rate today: 1.1368
This article is for information and educational purposes only and does not form a recommendation to invest or otherwise. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.