The Pound Euro exchange (GBP/EUR) rate is extending gains for a third consecutive session. The pair is set to book gains of over 0.6% across the week, its sixth straight week of gains.
The Pound is edging higher continuing to find support from the big spending Budget announced earlier in the week. US / EU / UK trade relations also improved.
The Euro has been pressurized by a stronger USD after Federal Chair Powell expressed little concern over rising US bond yields.
Eurozone retail sales -5.9% added to the depressed mood surrounding the Euro.
German Factory orders are due and expected to show 0.7% MoM.
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