Pound euro exchange rate: GBP/EUR improves as UK wage growth shows new high

The pound euro exchange rate edged higher this morning, with the pairing fluctuating around €1.079 following the publication of the UK’s wage growth figure. Growth in average earnings came in at an 11-year high in June, rising from 3.6 percent to 3.9 percent – a rise of 8.3 percent.

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