The Pound Euro (GBP/EUR) exchange rate is trading higher at €1.0922 the start of the week, adding to last weeks gains.
The Pound rose across the previous week and remains underpinned by Brexit trade deal optimism. Both the EU Commission President Ursula von der Leyen and EU Chief negotiator Michel Barnier made encouraging remarks, seeing a trade deal as still possible.
Rising covid cases in the UK and fears of a second national lockdown could keep gains in the Pound in check.
The Euro trades lower amid concerns that the economic recovery in the bloc is slowing, as evidenced by recent data and covid cases are rising. There are no numbers to be released today. Eurozone consumer sentiment will be in focus on Tuesday.
GBP Index Today - last 180 days
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