GBP/EUR: Pound Stready Ahead Of Tuesday's Key Brexit Vote

The Pound Euro (GBP/EUR) exchange rate is treading water in early trade on Thursday.

The Pound traded mixed in the previous session, rising versus the Euro but not the US Dollar.

Sterling broadly shrugged off former aide to the PM, Dominic Cummings testimony before Parliament where he heavily criticized the government.

Today the UK economic calendar is light, so the Euro could be in the driving seat for the pair.

The Euro came under pressure on Wednesday owing to US Dollar strength.

Today German GFK consumer sentiment will be in focus. Analysts expect sentiment to tick higher in June as the covid picture improves, after unexpectedly falling in May.