Pound euro exchange rate: GBP up against EUR as British manufacturing beats expectations

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THE pound is up by 0.3 percent against the euro this morning, trading at a rate of €1.125 after some Eurozone data came in below forecast. The pound limped over the finishing line at the end of last week, struggling against the headwinds caused by a downward revision of Q1 GDP and a slackening off of business investment.

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