The pound euro (GBP/EUR) exchange rate settled on Friday +0.18 at 1.1822. The pair booked gains of 0.18% across the week.
The pound gained after the Labour Party won the UK General Election, as expected. The pound is gaining on the prospect of stability, especially in a global context.
The BoE policymakers will now emerge from the blackout period and could start preparing the market for an August rate cut.
The euro slipped after eurozone retail sales rose by less than expected in May, up 0.1%, after falling -0.2% in April. Economists had forecast a 0.2% rise.
Attention will be on the French elections this weekend.