Pound Euro (GBP/EUR) Exchange Rate Rebounds following Earlier Slump(Updated 15:00, 7/6/22) The Pound Euro (GBP/EUR) exchange rate has regained its earlier losses as investors hope Boris Johnson’s no confidence vote victory will bring some political stability to the UK. Meanwhile, the Euro (EUR) was dented by poor German data this morning. Original article continues below:Pound Euro (GBP/EUR) Exchange Rate Turbulent after No Confidence VoteThe Pound Euro (GBP/EUR) exchange rate rebounded this morning after falling sharply overnight as the UK’s political turmoil continues to cause volatility. Euro (EUR) Pressured by Poor German DataThe Euro, meanwhile, may have suffered a setback earlier this morning after some poor German data. Pound Euro Exchange Rate Forecast: More Volatility Ahead?

Source: The Times June 07, 2022 10:23 UTC