GBP/EUR: Pound Strengthens Ahead Of Parliammentary Brexit Vote

The pound euro (GBP/EUR) exchange rate is rising after gains in the previous week.

The pound is extending gains into a fourth straight week on expectations that the BoE will cut rates after the ECB.

There is no high-impacting UK economic data due today.

The euro is falling ahead of a key week, with the ECB rate decision due on Thursday. The central bank is expected to leave interest rates unchanged.

ECB President Christine Lagarde’s press conference will be watched for clues over when rates will be cut.