The pound-euro (GBP/EUR) exchange rate is rising again on Tuesday towards €1.1525.
The euro is falling further amid ongoing political and fiscal uncertainty in France, following the resignation of Prime Minister Sebastien Lecornu yesterday after just 27 days in office.
President Macron is seeking to restore stability, but opposition parties demand snap elections. German factory orders unexpectedly fell 0.8% in August versus expectations of a 1.4% rise.
The pound is rising modestly despite UK house prices declining 0.3% in September, marking its first decline since May, as concerns about higher taxes weigh on sentiment ahead of the November Budget.