The Pound Euro (GBP/EUR) exchange rate is falling lower for a fourth straight day.
The Euro is on the rise following strong German PPI data yesterday, hawkish comments from ECB official Kazaks and also from a solid performance from Macron in the French election debate.
Today Eurozone CPI and consumer confidence data are in focus.
The Pound is struggling to find demand after the IMF slashed UK growth prospects and raised its inflation forecast.
There is no high impacting UK data due today. BoE Governor Andrew Bailey is due to speak.