Pound euro exchange rate: GBP/EUR improves as UK retail sales beat forecasts

The pound euro exchange rated edged up 0.25 percent this morning, leaving the pairing trading around €1.110 as UK retail sales figures for June beat forecasts. The pairing showed some improvement this morning following yesterday’s release of the Eurozone’s inflation figures for June, which fell below the European Central Bank’s target of 2 percent.

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