The pound euro (GBP/EUR) exchange rate is unchanged after strong gains yesterday.
The pound is steady as investors refocus on UK economic data and the Bank of England.
Recent figures point to a softening labour market, easing inflation concerns despite a temporary CPI overshoot driven by one-off factors.
Attention now turns to UK retail sales and PMI data, which are expected to highlight a fragile consumer and service sector activity growth.
The euro is flat against sterling but stronger versus the dollar after Trump withdrew tariff threats over Greenland.
Eurozone PMI data is expected to show improving services and manufacturing activity.