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GBP/EUR: Pound Pushes Back Over €1.10

one-gbp-coin - GBP

The Pound is advancing versus the Euro, trading at a 2 day high back over €1.10.

Hopes are once again rising that a Brexit trade deal could be agreed as soon as today. However, at the time of writing a fresh comment from a British minister said that serious issues remain in negotiations.

Covid continues to be a drag with the UK recording 36,804 new daily cases, a doubling of cases in a month owing to the new super spreading strain.

The Euro trades lower versus the Pound but is broadly supported by sentiment. There is no high impacting data due.

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