The pound euro (GBP/EUR) exchange rate is heading higher for a seventh straight session.
The pound is being boosted by stronger economic data, which comes after hawkish BoE commentary this week.
UK Nationwide house prices rose 0.2% MoM, a third straight monthly rise. UK manufacturing PMI was also upwardly revised to 47.2 in November.
The euro has been under pressure after eurozone inflation cooled by more than expected to 2.4% YoY, down from 2.9%.
Eurozone manufacturing PMI data rose to 44.2 up from 43.1. This is still well below the 50 level that separates expansion from contraction.
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