GBP/EUR: Will Eurozone GDP Data Pull Euro Lower?

After four straight days of losses last week, GBP/EUR is advancing on Monday, trading +0.2% at €1.1148.

Vaccine optimism is overshadowing Brexit uncertainty amid reports that the Pfizer BioNTech vaccine could be approved in the UK by regulators in the coming days.

This news is overshadowing Brexit uncertainties as EU Chief negotiator Michel Barnier is in London for more talks, Differences remain.

The Euro is looking towards German inflation data which is expected to remain subdued in disinflation.

A speech by ECB President Christine Lagarde will also be in focus as the central bank is expected to ease monetary policy further in December.