The Pound Euro exchange rate is ticking a few points lower but holds above €1.1950.
The Pound regained earlier losses on Monday as the market mood improved slightly on the news that Russia would continue talks with the US & NATO.
Today UK jobs data is in focus. Unemployment is expected to hold steady at 4.1% in December as Omicron hit the economy.
The Euro came under pressure yesterday after a dovish sounding ECB President Christine Lagarde.
Today, Eurozone Q4 GBP data and German ZEW economic sentiment figures will be in focus.