The pound euro (GBP/EUR) exchange rate is heading lower towards €1.1450 and is set to trade flat across the week.
The pound is falling despite UK services PMI coming in above forecasts at 49.5, up from 49.3 in September and ahead of the 49.2 preliminary reading.
The data comes after the BoE rate decision, where the BoE left rates unchanged at 5.25%.
The euro rises after stronger than expected German trade surplus of $16.5 billion down from $17.7 billion but ahead of forecasts of €16.3 billion.
Eurozone unemployment data is up next and is expected to hold steady at 6.4%