The Pound Euro (GBP/EUR) exchange rate is pushing higher at the start of the week, adding to gains from last week. The pair is has brought €1.10 into focus, trading just 20 pips low.
Brexit optimism is lifting the Pound. Another round of talks is due to kick off this week. However, the mood surrounding the talks is more upbeat than in previous talks, boosting hopes that a deal can be agreed before the British government’s self-imposed deadline of 15th October.
The Euro continues to be weighed down by rising coronvirus fears and the threat to the fragile economic recovery. Consumer confidence data is in focus.
GBP Index Today - last 180 days
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