GBP/EUR: Brexit Extension & EU Trade Tariffs In Focus

The Pound Euro (GBP/EUR) exchange rate is puahing higher on Friday after a brief slip lower in the previous session.

The Pound has had a solid run up across the week supported by the reopening of the economy.

UK monthly GDP data is due to be released today along with manufacturing and industrial production.

The Euro rose in the previous session after the ECB kept rates on hold and the asset purchase programme at €1.85 trillion. The central bank did announce that it will increase the pace of purchases significantly in Q2 amid rising yields.

German inflation and Eurozone industrial production will be in focus.