£ moving against the Euro?? following cut

[Welshbeef]

So - was it better or worse than expected? Is the pound getting stronger against the Euro & relatively what would the ECB need to cut their rates by for the pound to really strengthen?

[Skipppy]

It's sitting at 1.11 ish Euro to Pound at the moment. I guess they are waiting for the ECB decision (is that in 25 mins or so?)

Usd has gained on the Pound from close yesterday. 1.55 yesterday, 1.50 odd at the moment.