The current spot price of one GBP is \(€ 1\).2. The continuously compounded interest rate in the Eurozone is \(2.4 \%\), whereas the corresponding UK interest rate is \(3.1 \%\). If the forward price of one GBP, for delivery in six months, is \(€ 1.22\), are there any arbitrage opportunities? If so, devise a suitable trading strategy to take advantage of them.