GBP/EUR: Gloomy Brexit News Weigh On Pound vs. Euro

The Pound Euro (GBP/EUR) exchange rate is edging higher after two days of losses.

The Pound came under pressure amid ongoing supply chain issues, labour shortages nd as dry petrol pumps threatened to leave the UK at a standstill.

Today all eyes are on the UK GDP final reading for Q2 which is expected to confirm growth of 4.8% QoQ.

The Euro pushed higher in the previous session after data revealed that economic sentiment in the bloc unexpectedly improved in September. Expectations had been for a slight decline to 116.9 instead sentiment rose to 117.9.