The Pound Euro (GBP/EUR) exchange rate is edging higher, extending gains for a second day.
The Pound rebounded in the previous session as the EU and the UK agreed to look for a win win solution to the vaccine crisis. The EU had threatened to halt the export of covid vaccines to the UK, potentially disrupting what has been a strong vaccine rollout in the UK so far.
UK retail sales are in focus with analysts forecasting 2.1% rise in sales in February.
The Euro slumped on Thursday, shrugging off upbeat German consumer confidence, as the US Dollar surged.
The European Council meeting will continue with vaccine developments likely to drive the common currency.