gbp-euro-coins - GBP/EUR

The Pound Euro (GBP/EUR) exchange rate is heading higher for a fifth consecutive session.

The Pound is advancing despite Brexit headwinds and the ongoing petrol shortage at the pumps across the UK.

UK services PMI data will be in focus today. The final reading is expected to confirm 54.6, in September.

The Euro came under pressure after Eurozone Sentix data revealed that investors sentiment unexpectedly declined to a six-month low.

Today the Eurozone composite PMI in addition to PPI wholesales inflation data will be in focus. PPI is expected to rise 1.3% MoM.