GBP/EUR: Pound Shakey vs. Euro Ahead of Brexit Bill Debate

The Pound Euro (GBP/EUR) exchange rate is

The Pound hit a 13-month high last week supported by a cautiously optimistic BoE, lower than forecast public sector net borrowing and encouraging covid statistics.

However, ministers raised doubts over summer holidays abroad being allowed over fears of vaccine resistant variants being brought back to the UK.

The is a slew of UK data due this week including employment numbers, inflation and manufacturing and service sector PMIs.

The Euro has seen mixed demand over recent weeks amid uncertainty over the outlook as a third wave of covid appears to be setting in.

There is no high impacting Eurozone data due today.