At the time of writing the GBP/EUR exchange rate is trading around ââ¬1.123, having edged down from this morningââ¬â¢s opening levels despite some very underwhelming Eurozone growth figures. While the euro is holding steady against the pound so far this morning, the single currency is slumping in broader trade as markets react to the Eurozoneââ¬â¢s latest GDP release.
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