Pound euro exchange rate: GBP rockets – what to do with leftover travel money amid covid | Travel News | Travel

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The pound is currently trading at 1.1145 against the euro, according to Bloomberg at the time of writing.

Michael Brown, currency expert at international payments and foreign exchange firm Caxton FX, spoke to regarding the latest exchange rate figures this morning.

“Despite lacking significant volatility drivers, GBPEUR has managed to reclaim the 1.11 handle over the last 24 hours, benefitting from a slump in the euro’s value against the dollar,” said Brown.

“Still, the pair remains largely confined to its recent range, and continues to search for catalysts to spark a definitive move.”

READ MORE: Flights: Latest updates for BA, TUI, easyJet, Ryanair and Jet2

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