The Pound Euro (GBP/EUR) exchange rate is moving lower, paring gains from the previous session.
Brexit and covid remain key drivers of sterling and neither is looking particularly promising.
With just 9 days to go to secure a trade deal, UK PM Boris Johnson acknowledged that there were still problems.
At the same time to UK has been isolated as more countries close their borders with the UK to prevent the spread of a more infectious covid mutation which is spreading across the UK.
US GDP Q3 final estimate is not expected to move the market.
German GFK consumer confidence is expected to decline in January to -9, down from -6.7 in December.