pound-sterling-gbp-coin - GBP

The Pound Euro exchange rate is edging higher on Friday, making up some of the losses from the previous session. Trades +0.1% €1.1179

Brexit remains a key focus for Pound traders ahead of the EU Summit. EU leaders demanding the EC publish no deal Brexit plans unnerved investors on Thursday. That said optimism for a deal still exists.

UK retail sales will be in focus. Analysts are expecting a 0% increase as parts of the UK saw lockdown restrictions tighten.

Euro traded mixed with attention on the EU Summit and infighting over the budget. The EU could struggle to pass the €1.8 trillion package.