Pound to euro exchange rate: Sterling SURGES in response to positive UK growth data

The GBP/EUR exchange rate was able to surge on Wednesday as the pound broadly strengthened in response to better-than-forecast UK growth data. 

The pound is now converting to €1.12 after falling to €1.116 on Wednesday morning. 

The UK economy is estimated to have expanded by 0.4 per cent in the third quarter. 

Laura Parsons, current analyst at TorFX said: “While hardly a robust growth rate, it is at least more impress…
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