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

The Pound rose yesterday as COVID restrictions were eased and the UK reverted to Plan A – living with COVID.

Signs that spending is on the rise helped to boost the pound. Meanwhile the Sue Gray report has been delayed until next week.

The Euro struggles under USD strength, falling despite improving German consumer confidence.

German GDP data is expected to show growth slowed in the eurozone’s largest economy.