The Pound Euro (GBP/EUR) exchange rate is rising on Wednesday, adding to gains on Tuesday.
The Pound rose after upbeat jobs data, as the unemployment rate dropped to a pre-pandemic level of €1.20 and wages rose 5.4%.
Today, UK inflation data, CPI, is expected to show a rise to 6.7%.
The euro fell yesterday after German ZEW economic sentiment deteriorated further to -41 amid the uncertainty from the Ukraine war and rising prices.
There is no high impacting data today, the ECB rate decision is on Thursday.