GBP/EUR: Pound Tumbles Ahead Of Uncertain Brexit End-Game

The Pound Euro exchange rate is edging higher after three straight days of losses.

The Pound has traded under a mild pressure across the week owing to ongoing Brexit border concerns.

UK retail sales data is under the spotlight with analysis expectation another solid month of sales as business and households prepared for the reopening of the economy.

UK PMI data will also provide early clues as to the impact of reopening on the service sector. Expectations are for a surge in activity.

The Euro shrugged off the ECB rate announcement as a non-event. Monetary policy was kept on hold as expected.

Eurozone PMI data for both the manufacturing and the service sector will be in focus.