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Pound to euro exchange rate: Sterling is static and could slip further .

Pound to euro exchange rate: Sterling is static and could slip further

However, an expert warned sterling could slip even lower.

Laura Parsons, currency analyst at TorFX, spoke to Express.co.uk regarding the latest exchange rate figures.

She said: “The GBP/EUR exchange rate experienced another session of static movement on Tuesday as the Eurozone published a mixed bag of data.

However, an expert warned sterling could slip even lower.

Laura Parsons, currency analyst at TorFX, spoke to Express.co.uk regarding the latest exchange rate figures.

She said: “The GBP/EUR exchange rate experienced another session of static movement on Tuesday as the Eurozone published a mixed bag of data.

“Today’s run of Eurozone data could have an impact on the pairing.

"But, investors will also be looking ahead to a Thursday and the Bank of England’s (BoE) long-awaited interest rate decision.

“A rate hike from the BoE could give the pound a lift this week, but if the central bank keeps rates on hold we could easily see GBP/EUR falling to new multi-month lows.”


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